Phishers Moving Away From E-mail "Lures", TechWeb, 28 Mar 2005

“According to the latest report from the Anti-Phishing Working Group, a coalition of technology companies and law enforcement agencies devoted to eliminating ID theft, the number of phishing e-mail campaigns during February climbed by 2 percent over January, even though the former was three days shorter. More important, however, is that phishing without an accompanying e-mail "lure" is becoming more common. So called "pharming" attacks don't rely on legitimate-looking e-mails to lure users to fake Web sites, but automate that process by planting malicious code on vulnerable systems, then modifying the PC's HOSTS file to point to fraudulent sites rather than to the real deal.�

Full story at http://news.yahoo.com/news?tmpl=story&u=/cmp/20050329/tc_cmp/159907254