Between mid-May and mid-August, the number of targeted phishing attacks on Chase Bank customers rose by 300%, according to Cyren.
Further research also shows that while Chase took second place behind Microsoft as the second most targeted brand, attackers use a popular phishing kit called Chase XBALTI to target Chase Bank customers via email or text message.
Many of the phishing kits are designed to steal more than just an email address and password, they go even further to capture bank and credit card information, Social Security numbers, home addresses and other sensitive information, as some even try to track down the unique usage codes used for two-factor authentication.
To help people better detect and prevent phishing attacks, Cyren researchers have compiled a few tips for individuals to follow, including clicking on links or not dialing a phone number listed in an email or text message, but contacting the company via the information on its website or through its official mobile app.
Another step is to allow someone to check an e-mail or SMS if they are unsure of its legitimacy, and many organisations currently have measures in place to which users can report suspicious e-mails.
For more information, read the original story in Tech Republic.