​Some phishing scams may involve a "well-orchestrated, systematic criminal organization," according to Anatomy of a Phish, part of a study by the Anti-Phishing Working Group. Analysts noted, for example, that in June "identical attack methods were used to exploit two different banks, even though the phishing attacks were hosted in different locations over time," from Plano, Texas, to Uruguay and South Korea. @ Phishing Attack Trends Report,which also analyzes phishing schemes and trends from the first half of 2004, is available through SM Online.​Phishing Tech1004.pdf​