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Phishing attacks expanded quickly with the use of PayPal and other such organizations and websites using online payments. These attacks motivated the creation of secure payment applications. The term "phishing" was coined in 1996, and hacked accounts were known as "phish".
 
Phishing attacks expanded quickly with the use of PayPal and other such organizations and websites using online payments. These attacks motivated the creation of secure payment applications. The term "phishing" was coined in 1996, and hacked accounts were known as "phish".
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===Cybersquatting===
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According to [[APWG|The Anti-Phishing Working Group]], the number of [[cybersquatting|cybersquatted]] domain names used in conjunction with [[phishing]] has fallen to only 2% of attacks in 2012. A report identified 64,204 phishing domains in total, of which only 12% is suspected by APWG as being registered by the phishers. The rest were compromised accounts owned by third parties. More than half of phisher-owned domains were in [[.tk]], a registry that offers free registration.<ref>[http://domainincite.com/10861-only-2-of-phishing-attacks-use-cybersquatted-domain-names Only 2% of phishing attacks use cybersquatted domain names]. Published 2012 October 25. Retrieved 2012 November 13.</ref>
    
==Types of Phishing Practices==
 
==Types of Phishing Practices==
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