A Microsoft-themed phishing attack uncovered in March of 2021 targeted senior-level employees. In addition to this, 60% of organizations lost data as a result of a successful phishing attack. 10 Dangerous Phishing Attack Trends To Know About In 2021 Michael Novinson September 08, 2021, 09:47 AM EDT From brand impersonation and business email compromise to initial access brokers. So, Google Chrome can warn the user about a dangerous page, many mail services analyze incoming mail for email spoofing, the widespread introduction of https addresses allows you to see the certificate of the site being opened, and much more. People are used to the idea of not clicking on suspicious emails but still arent that well-trained on the idea that they can also be phished via text message, according to Boyer. Adversaries are incredibly adept at weaving insider information into phishing emails, baiting employees by pretending to be the CEO in text messages and asking to connect, according to Michael Maggio, Reciprocitys executive vice president of product. Instead, threats on social media were a big area of growth for the phishing racket. Specifically, the attack disrupted JBS' facilities in Australia, Canada, and the US and caused widespread shortages in beef and pork as well as large . The total number of phishing threats in the first half of 2021 increased by 22% as opposed to the same period from last year, according to the latest report by PhishLabs. Lookout, Inc.'s 2022 Government Threat Report examines the most prominent mobile threats affecting the United States federal, state and local governments. The ransomware was allegedly distributed via phishing. It found that in Q4 2021: 51.8 percent of them were credential theft phishing attacks; 38.6 percent were response-based attacks (such as BEC, 419, and gift card scams); and 9.6 percent were. A phishing attack can take various forms, and while it often takes place over email, there are many different methods . Users living in Brazil made the most attempts to follow phishing links, with the Anti-Phishing protection triggered on devices belonging to 12.39% of users in this country. The majority of these attacks targeted the financial sector (23.2%), followed closely by online software platforms (SaaS) and webmail (19.5%), and eCommerce/retail (17.3%). As seen in the 2021 Data Breach Investigations Report, around 40% of the breaches now are social attacks compromising people through phishing emails and websites delivering malware. Guessing how an email alert template looks without any inside information would be nearly impossible, Pollack said, but it isnt difficult to find commonly used email alert templates in repositories like GitHub. Between the middle of 2020 and throughout 2021 there has been an unprecedented increase in the number of cyber-attacks faced by organisations globally. March 01, 2021 - The healthcare sector has been inundated with cyberattacks in 2020 and 2021. Cybercriminals, hacktivists, and nation-state spy agencies have all been known to deploy the latest . Here are the Top 8 Worst Phishing scams from November 2021: Download the FREE 1-Page Report to disperse to your end users. More incidents were. Lots of spammers have moved into being initial access brokers for ransomware operators since theres more money to be made, Radolec said, while cybercriminal syndicates can greatly expand the scope of potential victims by outsourcing the initial intrusion work. Get more delivered to your inbox just like it. Businesses should understand what the legal and cyberinsurance ramifications would be if a disgruntled employee shared their two-factor authentication with a threat actor, Stoyanov said. One of the biggest reasons threat actors are increasing. As 2020 closed and 2021 began, the situation vis-a-vis data breaches continued to escalate. Phishing attacks continue to play a dominant role in the digital threat landscape. Businesses could find themselves in a particularly precarious position if an admin decided to share with a threat group the credentials for all the companys employees, he said. The researchers analyzed data from over 200 billion daily transactions and 150 million daily blocked attacks, and released the findings in the 2022 ThreatLabz Phishing Report. Phishers use different schemes to trick you, like sending you suspicious links to reset your streaming password or tricking you into thinking there were issues with your tax return. Banking, telecom and packages tend to be common categories for smishing, with FluBot hackers urging potential targets to click on a link to track a shipment, he said. Meanwhile, Verizon's 2021 Data Breach Investigations Report found that 25% of all data breaches involve phishing. Google and Stanford University Study Reveals New Phishing Attack Findings This week, Google and Stanford University released a new study that looked at the 1.2 billion phishing emails aimed at Gmail users during a five-month period in 2020. In late February, the Anti-Phishing Working Group published its Q4 report that analyzes phishing attacks and other identity theft techniques that are reported by its member companies and industry experts. France rose to second place (12.21%), while Portugal (11.40%) remained third. Adversaries have also taken advantage of conditional access being misconfigured to get authenticated and gain credentials using legacy protocols that predate the advent of multifactor authentication, he said. Covid-19 Phishing Security June 28, 2021 Shawn Kramer Top 8 Worst Phishing Attacks from October 2021 9 Nov 2021 - 2 min read See all 11 posts Product Release Google Workspaces Sync Automation and Customer API Releases What's New at HacWare?We have released a new feature for syncing HacWare licenses with Google Workspaces. The group, founded in 2003, is comprised of over 2,200 member institutions and, according to its website, advises national governments; global governance bodies like the Commonwealth Parliamentary Association, the Organisation for Economic Co-operation and Development, the International Telecommunications Union; hemispheric and global trade groups; and multilateral treaty organizations such as European Commission, the G8 High Technology Crime Subgroup, the Council of Europes Convention on Cybercrime, the United Nations Office of Drugs and Crime, the Organization for Security and Cooperation in Europe, Europol EC3, and the Organization of American States. In a 2019 survey conducted at HIMSS (a large medical conference), nearly 80% of respondents had experienced a significant security incident the year prior. In 2022, they detected an 80% increase in threats from trusted services such as Microsoft, Amazon Web Services or Google, with nearly one-third (32%) of all threats now being hosted on trusted services. Brand impersonation takes the form of everything from setting up a fake website to utilizing form sites inside Office 365 so that the correspondence looks like its coming from the infrastructure itself, he said. An adversary will use the lowest common denominator to trick their intended victim, and oftentimes, Douglas said a simple image is enough to fool an employee or executive into clicking on a phishing site. Proofpoint's 2021 State of the Phish Report revealed that 74% of organizations in the United States fell victims to successful phishing attacks. Typosquatting also continues to be an effective phishing attack vector, with adversaries taking advantage of a lack of user awareness and technological protection to replace O with 0, Boyer said. The price of bitcoin increased by almost 400% between October 2020 and April 2021, and impersonation. In December 2021, enterprises averaged around 68 attacks per month on social media alone. We're so happy you liked! Phishing attackers aren't just targeting the relatively small pool of NFT owners, either. If you ever have any questions about phishing or cybersecurity at Baylor, please contact HelpDesk+ in person on the garden level of Moody Memorial Library, by phone at (254) 710-4357, or by email at helpdesk@baylor.edu. The campaign targets organizations that use Office 365 and allows the attackers to hijack accounts, even if they have multi-factor authentication (MFA) enabled. Spear phishing is the most common type of phishing attack, comprising 65% of all phishing attacks. August 3, 2021 Computer Consulting. However, we also have CEO-fraud, Whale-phishing, smishing and vishing and a lot more that ends with -ishing. The most recent projections performed by the Ponemon Institute reports the average loss by companies to phishing in 2021 is $14.8 million, more than triple what it was in 2015. Given how much more information about individuals and organizations is available publicly, Maggio said its become much easier to quickly trick employees. Phishing is a type of social engineering where an attacker sends a fraudulent message designed to trick a human victim into revealing sensitive information. In addition, it showed that industries such as oil, gas, and mining had witnessed a 47% increase in the same six-month period, followed by manufacturers and wholesale traders with a 32% increase. Phishing attacks reached a new high in the first quarter of 2022, hitting one million for the first time. 11. Click here to get started! Adversaries have gotten far more sophisticated in their tradecraft, with misspellings occurring much less frequently today than in the past, according to Boyer. In 2021, it reached US $13.7 billion in retail revenue, according to the White Book on Vietnamese E-business 2022. Please share this information with your end-users to empower them to do their part to fight against phishing attacks. Most companies are affected by phishing attacks, and here are the numbers to prove it. That big 28% uptick refers to the number of phishing sites targeting either enterprises, their employees, or their brands, as identified by the security company. This is up from 1,690,000 on Jan 19, 2020 (up 27% over 12 months) A cyberattack is attempted every 39 seconds. On average, enterprises tracked in January 2021 saw a little over one threat per day, a number which grew until, by December, enterprises averaged around 68 attacks per month over two per day, and a boost of 103% threats per target since the start of the year. In 2021, cyber criminals are also exploiting the COVID-19 pandemic. From brand impersonation and business email compromise to initial access brokers and the misuse of automated email alert templates, here are the most alarming phishing attack trends to rear their head in recent years. 48% of malicious email attachments are Office files ; 94% of malware is delivered by email. Phishing attacks account for more than 80% of reported security incidents. 2 min read, 13 Sep 2022 This means that employees need to be trained to spot deliberately doctored emails. HacWare's phishing intelligence team has reviewed the worst phishing attacks from November 2021 and put them into 8 categories. Social media phishing threats are also way up, growing at an even faster pace. For example, among the businesses identifying any breaches or attacks, from 2017 to 2021 there has been: a rise in phishing attacks (from 72% to 83%) a fall in viruses or other malware (from 33% . User education remains the defense. According to Verizon's 2021 Data Breach Investigations Report (DBIR), phishing led to more breaches than any other type of cyber attack in 2020. Business email compromise has a very low barrier to entry, Biasini said, requiring only a free email account and Google search capabilities. This new release makes it easier to manage licenses automatically! According to Proofpoint's 2022 State of the Phish Report, 83% of organisations fell victim to a phishing attack last year. Adversaries will typically demand victims pay $50 or $100 in Bitcoin to avoid having a video of them watching pornography publicly released, and many people are willing to part with the relatively small sum of money to avoid any potential embarrassment, according to Horowitz. The report also notes that successful ransomware attacks were up 36% from October to December 2021 impacting a total of 4,200 companies, organizations, and government institutions. Verizon's 2021 Data Breach Investigations Report found that 43% of all breaches involve phishing, while the total number of attacks is growing exponentially. Aruba, a Hewlett Packard Enterprise Company, AMD & Supermicro Performance Intensive Computing, outsource the actual sending of phishing emails, easier for adversaries to capture corporate credentials, mimicking a brand it has a trusted connection with, highly targeted ransomware phishing emails, increasingly going after disgruntled employees, claiming to have malware or a trojan installed, increasingly adept at spoofing text messages, weaving insider information into phishing emails, how to identify a phishing attempt in a text message. According to a report by Vade, phishing attacks increased in Q2 2021, including 4.2 billion phishing emails in June alone. Adam Rowe February 23rd 2022 9:32 am Phishing attacks grew rapidly last year, rising in 2021 by. Cybercriminals are moving their attacks to mobile and personal communication channels to reach employees. According to a new survey, approximately 50% of phishing attacks aimed at government personnel in 2021 sought to steal credentials, an increase of 30% in 2020. In reality, Biasini said the hackers resell the gift cards the employees purchased on the black market as well as legitimate marketplaces for a sizable amount of money. The Internet in 2021 already has a variety of anti-phishing tools. The report uncovered a massive 440% increase in phishing attacks in May 2021, the most significant phishing spike in a single month ever recorded. And phishing was a big reason. In 2020, there was a 50% increase in attacks on corporate networks when compared to 2021, according to research from Check Point Research (CPR). Check out the, What's New at HacWare? By the end of 2021, ransomware is predicted to attack a business every 11 seconds. Script files - 11%. Phishing attacks are designed to gain personal information from the victim, most commonly as part of an identity theft operation. It has become easier for adversaries to capture corporate credentials as organizations move to cloud-based email products like Office 365, which in turn opens up businesses to massive amounts of financial risk, according to Nick Biasini, head of outreach for Cisco Talos. Employees are typically offered unfettered access inside the companys IT systems on their first day of work, meaning that outsiders can take advantage of that access. Among all the organizations, online stores were targeted by 17.61 . The best way to attack an organization if it has cemented its perimeter is by mimicking a brand it has a trusted connection with up or down the supply chain, according to Josh Douglas, Mimecasts senior vice president of product management. October attack volume was similar year-over-year, while November attacks represented the third highest reported monthly volume in 2021, the report says. driven Insider Awareness and Phishing simulation technology that will help your organization identify phishing attempts and defend against data breaches. Last year, roughly 214,345 unique phishing websites were identified, and the number of recent phishing attacks ha s doubled since early 2020. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020. Google had registered 2,145,013 phishing sites as of Jan 17, 2021. Phishing attacks rose 29% in 2021 compared to 2020, driven by multiple trends: COVID-19 and work-from-home: Consumers engaged in more activities online, giving attackers new ways to take advantage. Still, the history of phishing has proven and remains a fruitful method for attackers, and there is no foolproof solution to it. Despite outpacing last years volume, month-to-month phishing activity in 2021 proved to be erratic. The HacWare's mining technology has identified the 3 worst. Phishing attacks have grown by 29% in 2021 when compared to 2020 according to an analysis by Zscaler's ThreatLabz research team. Threat actors will research the employees at smaller businesses and the functions they serve and craft an email that gets them to click on a link or open an attachment. The majority of these attacks were in North America and Western Europe, tending to target companies with substantial revenue, more likely to pay the ransom. GoDaddy, an American web host company, became a victim of a phishing attack in November 2021. These attacks impacted all sectors, with manufacturing, retail, wholesale, and business services making up 45% of all attacks. A spear phishing attack's success mostly depends on how the target employee reacts. According to CISCO 's 2021 Cybersecurity Threat Trends report, about 90% of data breaches occur due to phishing. Here's what the latest data on phishing can tell us about the state of internet security in 2022, and how your business can stay relatively secure amid it. This trust is amplified by the fact that oftentimes, a privileged admin is the only one in the organization who knows about this email. In the report, the group indicates that the number of phishing attacks has "more than tripled since early 2020," from 94,000 attacks per month to a record 316,747 attacks in December 2021. Train your employees. But what can you do to stop phishing attacks in 2021? Business password managers will offer more support against a phishing scam, however, as the best ones will flag suspicious requests for login information. Disgruntled employees leaking credentials is most likely to happen in emerging countries where employees are treated more like contractors and there arent any copyright protections in place, according to Stoyanov. Phishing is a broad term and it is a type of social engineering attack that often encompasses a range of different strategies to steal user data, including login credentials and credit card numbers. In 2021, several key cybersecurity events occurred, including: 1. Contact us now! The Anti-Phishing Working Group (APWG) reports that January 2021 marked an unprecedented high in the APWG's records, with over 245,771 phishing attacks in one month. Cyber-attacks in 2021 hit an all-time high. . On May 7, 2021, The Colonial Pipeline announced that their 5,500 thousand mile (8,850 km) fuel pipeline got shut down by hackers. More sophisticated BEC actors use the actual inbox associated with the credential theyve compromised to conduct voice-based social engineering or pretend to be associated with a support contract that needs to be paid out, Biasini said. Businesses have increasingly embraced social media to get their brand in front of a broader set of prospects, but Maggio said all this digital marketing makes tons of insider information available to the outside world, including employee email addresses. Fraud, impersonation, cyber attacks are some of . Phishing attacks grew rapidly last year, rising in 2021 by 28% over the previous year. Phishing attacks on civil servants jumped 30% from 2020 to 2021, with one out of every eight workers exposed to phishing threats during the period, noted the report prepared by Lookout and based . Companies can limit their exposure to malicious insiders by granting employees credentials with just-in-time access to only the applications that are critical to their day-to-day job responsibilities. Successful phishing attacks were up in 2021: Report Howard Solomon March 2, 2022 The number of phishing attacks in all of their guises - email, text and voice - jumped significantly in. CAMBRIDGE, Mass., Nov. 22, 2021 (GLOBE NEWSWIRE) -- The APWG's new Phishing Activity Trends Report reveals that the APWG saw 260,642 phishing attacks in July 2021 - the highest monthly. CAMBRIDGE, Mass., June 9, 2021 /PRNewswire/ -- The APWG's new Phishing Activity Trends Report reveals that phishing maintained near-record levels in the first quarter of 2021, after landmark . The SlashNext State of Phishing . Login credentials for online banking, webmail, or e-commerce sites are among the potential targets. The Index also found that phishing was used in 41% of the attacks that X-Force remediated in 2021. Entry-level BEC attacks often try to monetize gift cards through social engineering, with the hackers posing as a company executive directing employees to buy gift cards for a local hospice as a charitable endeavor. Set up 2FA to add additional security to your accounts. In 2021, mobile phishing encounter rates were 48 percent and 25 percent, respectively, among state and local governments whether they had managed or unmanaged devices. From which 88% experienced spear-phishing attacks, 83% faced voice phishing (Vishing), 86% dealt with social media attacks, 84% reported SMS/text phishing (SMishing), and 81% reported malicious USB drops. Perhaps the biggest thread underpinning several phishing attacks in 2020 was that they exposed a common weakness: Microsoft Defender for Office 365 (formerly known as Microsoft Advanced Threat Protection), which is the built-in protection that many organizations default to using. Businesses should have a register of what emails are being sent internally and ensure that IT is alerted before any users set up an email alert of their own. The first paragraph of the 2022 report claimed, "We could easily have repeated that heading to describe 2021.". The total global cost of phishing attacksemails laced with malicious payloads hidden within links and attachmentsis complex, far-reaching, and incredibly high. He's also a Forbes Contributor on the publishing industry, for which he was named a Digital Book World 2018 award finalist.
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