Evaluation Reveals 2023 to be “Worst Year for Phishing on Record”

Newly-released information highlights our worst fears in regards to the prevalence of phishing, and a few glimmer of hope that the great guys could also be profitable the combat.

Each quarter, the Anti-Phishing Working Group places out a Phishing Exercise Developments Report to focus on the modifications in phishing assaults, together with the variety of campaigns, assaults, targets, and types impersonated.

The main target of the report masking 4th Quarter 2023 was the numerous dip within the variety of assaults in Q3 of final 12 months.

With Q1 at 1.6+ million assaults and Q2 at almost 1.3  million, the drop in Q3 down to only beneath 1 million put all of the give attention to This autumn – and whether or not that quantity would surge again to its former heights.

And whereas the cumulative quantity for final 12 months of slightly below 5 million affirms 2023 because the worst 12 months for phishing, This autumn solely rose barely – to only beneath 1.1 million, begging the query of why the numbers nonetheless stay low.

APWG Chart

Supply: APWG

In accordance with APWG, one of many causes for the large drop was the shutdown of Freenom, a free area identify program taken benefit of by attackers. Regardless of This autumn displaying solely a marginal improve within the variety of phishing assaults, the rise signifies menace actors are ramping again up and dealing across the lack of a much-used service to gasoline their impersonation phishing assaults.

However the Freenom shutdown additionally exhibits that if steps are taken to immediately counteract how phishing assaults perform, considerably much less assaults happen to start with.

The identical logic ought to be utilized to customers. If customers counteract a menace actors intent in a phishing e-mail by not responding (one thing taught with safety consciousness coaching), far much less assaults could have any probability of success.

KnowBe4 empowers your workforce to make smarter safety selections day by day. Over 65,000 organizations worldwide belief the KnowBe4 platform to strengthen their safety tradition and scale back human threat.

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