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Massive Rise is Seen in Phishing Attacks

 

Phishing is a fraudulent activity type where the hackers - having fake identities online - 'fish' for information. As per Kaspersky Lab's latest figures from 'Spam and phishing in Q3 2018' report, the phishing attacks are increasing day-by-day.

 

Kaspersky Lab's new research revealed that the phishing attacks increase by 27.5% as compared to the last quarter to reach more than 137 Million in Q3 2018. As per the report of the security firm, 137,382,124 attempts to visit the phishing websites were detected in Q3 2018. As a matter of fact, this is more than half the number of visits that was recorded throughout the year 2017.

 

The rapid growth in the phishing attacks is in continuation with the trend that was set in the early part of this year, and the phishing attacks have increased in every quarter.

 

Of all the businesses that were targeted, the first and foremost target of the cybercriminals was the finance sector. It got hit especially hard by the cybercriminals as more than one-third of all the phishing attacks that was launched in third quarter were aimed at e-commerce companies, banks and payment systems. The figure was 20% in the previous quarter, and this increasing trend is likely to continue throughout 2018.

 

Guatemala, at 19%, is the country where the number of users being attacked by phishing in Q3 2018 was the highest. Brazil, who was the leader in the previous quarter, with 18.6% was in second position in terms of number of users being attacked by phishing. Spain has taken the third position with 17.5% of users being attacked by phishing.

 

Nadezhda Demidova, Kaspersky Lab's Security researcher, provided more insight on findings of 'Spam and phishing in Q3 2018' report saying that they have been witnessing an increase in phishing attempts for some time now. The report further stated that there are several factors responsible for such growth, which includes fraudsters' ability to continuously come up with new tricks and schemes. "They also borrow the ideas from foreign "colleagues" to use on local markets as means of communication, which further helps their technologies develop. For example, in Q3 they actively directed users to the fraudulent website with transmitters and scam-notifications, as well as by exploiting the new iPhone release as a news hook". Demidova also says that as the new informational and technological updates appear, the phishers starts to exploit them.

» SPAMfighter News - 11/16/2018

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