Banks are closing at a very fast pace. Still a lot of fall-out to come. Cyber criminals are taking advantage of this in a variety of ways. Creating phishing emails and pharming redirections are just the beginning. It isn’t difficult to create targeted attacks towards the customers of a bank that has recently gone under. These lures can be very effective in routing these unsuspecting end users to false websites where their information can be captured.
http://www.fdic.gov/BANK/HISTORICAL/BANK/index.html
To put it into perspective, here is what the history of bank closings has been:
2009 – 43 closed banks
2008 – 24 closed banks
2007 – 3 closed banks
2006 – 0 closed banks
2005 – 0 closed banks
