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A report from the UK payments industry association APACS has shown a dramatic increase in phishing incidents, with the number of reports for Q1 of 2008 up 200% on the same period last year. Meanwhile major phishing target PayPal, the online payment system owned by eBay, has issued a detailed report on its efforts to minimize the dangers of phishing to its business and its users. The APACS report carries figures from phishing reports made to BankSafeOnline, a cross-industry project supported by banks aimed at educating online banking users of the risks of scams, phishing and spyware and how to mitigate them.
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