Phishing Attacks Growing At Rapid Pace

In a recent research report it was revealed that there has been a growing increase in phishing attacks since the pandemic. According to the research report by the FBI, 11 times more phishing attacks were reported in 2020 as compared to 2016 and 91% of security breaches were initiated by sending phishing attacks on victims.
 

What’s going on?

As mentioned in this report, phishing attacks were the most frequent type of attack method used in malware-based attacks in 2020, nearly doubling its growth from the previous year. 
  • The frequency of phishing attacks is different for each industry and is based on the targeted firm’s size. Healthcare and manufacturing sectors are the most targeted by phishing scams.
  • Social media are also lucrative targets, with social messaging apps being the main target. Accounts with single sign-on accounted for 40% of all phishing attacks.
  • There are many different types of phishing attacks launched included spear phishing, whaling, smishing, vishing, search engine phishing, CEO Fraud, clone phishing, and evil twin phishing.
 

Conclusion

Phishing attacks have become more prominent than ever and are growing at a rapid pace. The best way to avoid phishing attacks is to stay alert and updated about new attack methods and tricks used by attackers. By subscribing to my latest cybersecurity awareness notifications you can maintain updated with cybersecurity awareness tips. In addition, always use a reliable anti-malware solution with email protection for better security. 

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