APWG Chairman Dave Jevans said upon release of the report, "Criminals are spoofing the brands of smaller financial institutions, ISPs and even government agencies in an attempt to steal consumers' identity information and account passwords. Combined with ever increasing technical sophistication, the fact is that nobody is immune from possible attack."
The APWG's July report showed a drop in the number of reported phishing campaigns from 28,571 to 23,670, a substantial decreased but still far above the mean of the previous 12 months. At the same time, however, the number of new phishing sites reported rose to a record 14,191, more than 18 percent higher than the previous high.