[Dave Birch] Phishing hit an all-time high in March, with the number of reports of online fraud reaching 18,480, according to the Anti-Phishing Working Group. By way of contrast, the number of phishing reports — each of which concerns a unique online attack that ,ay involve zillions of e-mails — recorded in March 2005 was 12,883, indicating a 43% year-on-year increase. I’ve posted about the dynamics of phishing before, so I won’t go into all again except repeat that because it costs so little to launch phishing attacks they will continue to increase. I’m sure banks have this under control, so there’s no need to panic. Phishing isn’t just about banks, though. In fact, it isn’t just about the real world.