According to IBM's 2021 Cost of a Data Breach Report, the total average cost of a ransomware attack was $4.62 million. #1. A recent Threat Report from ESET found that, in Q3 of 2020, the most common types of malicious files attached to phishing emails were as follows: Windows executables (74%). (Source: ESET and Check Point) So many businesses use Microsoft products globally. It was the second time that malicious firmware was developed specifically for the purpose of destroying physical machinery - the first being Stuxnet, used by the U.S. and Israel to shut down Iranian nuclear centrifuges in 2009. The Department for DCMS' Cyber Security Breaches Survey 2021 revealed that phishing is still the most common cause of cybersecurity breaches, accounting for 83% of all successful attacks. With more people looking to cash in on hype surrounding the cryptocurrency market than ever before and an increasing digital workforce which may lack awareness of network security set-ups, cybercriminal activity remains rampant. Australian Parliament House Data Breach. Credential reuse attack One of the more notable credential reuse attacks is the 2019 Dunkin Donuts breach which, unluckily for the east coast chain, happened to be their second hack in two. The hacking group, DarkSide, carried out the attack. In Q2 of 2022, in Nigeria, a total of 61,344 financial phishing attacks aimed at organizations were detected, an increase of 79% compared to Q1. Higher education. 26 Apr. Phishing attacks against social media sets rose from 8.5% of all attacks in Q4 of 2021 to 12.5% in Q1 of 2022. In 2020, 75% of companies around the world experienced a phishing attack. Phishing Attacks: Biggest Menace for Organizations Globally. Android executables (>1%). These harmful emails were broken down into the following. There were 384,291 attacks in March 2022, which was a record monthly total. Yikes! And for people who use email (that would be an astounding four billion of us every day), the most pernicious attack is phishing.Indeed, 86% of organizations had at least one employee clicking a phishing link last year according to a CISCO's 2021 cybersecurity threat trends report.On top of this, the stakes are getting higher: 2021 saw . Phishing Enabled Ransomware Keeps Growing A period which ranks as the worst quarter for phishing ever seen, with APWG observing over one million total attacks (1,025,968). Phishing remains one of the biggest dangers to your business's health and wellbeing because it's the main delivery method for all types of cyberattacks. Nation-state threat actors are the most dangerous cyber criminals on the Web. We have mentioned regular phishing and spear-phishing; these are the most popular phishing attacks. Please share this information with your end-users to empower them to do their part to fight against phishing attacks. The banking industry landed on top of the attacks, accounting for 25.7% of all recorded attempts, however webmail and SaaS companies were also popular targets. Phishing attacks against bitcoin exchanges and wallet providers climbed from 6.7% in the previous quarter to 7% this quarter. In 2021, The U.S. was still the top phishing target, but attempts only rose by 7% while there were steeper increases . 1. Contains a link or an attachment with malicious contents. Type of Attack: Phishing, possible ransomware. 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. Amongst the 550 companies that IBM contacted that had experienced a data breach, a disappointing 83% had experienced more than one in the same period. from third party login pages or WPA/WPA2 Pre-Shared Keys) or infect the victim stations with malware. 8. The operation has been ongoing since at least March 2022 and has ensnared several high-profile targets. The 2022 ThreatLabz Phishing Report found that phishing attacks lure victims by posing as top brands or promoting topical events. This suggests that attackers are focusing more on mid-market attacks, which are more consistent and less risky than high-profile attacks. Facebook and Google Between 2013 and 2015, Facebook and Google were tricked out of $100 million due to an extended phishing campaign. Analyzing data from more than 200 billion daily transactions last year, the 2022 report found that: 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. The results are below. Accounting for 23.6% of all phishing instances, the financial services industry saw an increase of 35% in the number of attacks during the first three months of 2022. Breaking that down even further, the average ransom paid by mid-sized organizations was $170,404 while the average cost of resolving a ransomware attack was $1.85 million. 23rd October 2022 10th April 2020 by JavaRockstar. While the name sounds light-hearted, phishing is a serious attempt to steal information; passwords, account credentials, social security numbers, bank details and more. Grace Macej 11 May 2022 Be aware of dangerous phishing scams, including sugar daddy scams, sextortion emails, and more. Cryptocurrency financial service company Blockchain.com was the most spoofed crypto brand, with 662 phishing websites in the last 90 days (till June 22, 2022). Phishing scams rely on email, text messaging or phone calls to coerce people into divulging these sensitive details. Pandemic-Related Phishing Isn't Going Away. One phishing email can be responsible for a company succumbing to ransomware and having to face costly . Western Australian Parliament Data Breach UpGuard Helps Australian Businesses Prevent Data Breaches. Phishing attacks are one of the most pervasive cyberthreats, showing a 29% global rise over the past year. PDF documents (2%). In 2020, 75% of companies around the world experienced a phishing attack. However, we also have CEO-fraud, Whale-phishing, smishing and vishing and a lot more that ends with -ishing. In 2021, 83% of organizations reported experiencing phishing attacks. Here is a roundup of six of the most sophisticated and unique phishing attacks of 2020. In the first quarter of 2022, APWG founding member OpSec Security found that phishing attacks against the financial sector, which includes banks, remained the largest set of attacks, accounting . In Q2 2022, the average ransom payment increased by 8% from Q1 to $228,125. PDF Attachment - Email Contains a PDF Attachment. To add insult to injury, the stolen data was then leaked on a site operated by the Clop ransomware gang. This, according to records, is the largest known ransom to date. 10. 1) Email Phishing Attack Classic thing that is considered one of the most widespread ones these days. Part of the reason for this is that students will typically have their own login credentials for the institution's IT system, and may not take the security of these accounts . Phishing remains one of the biggest dangers to your business's health and wellbeing because it's the main delivery method for all types of cyberattacks. These cybercrimes affect the most people and do so frequently. In March 2022, there were 384,291 attacks, a monthly record. Spoofs Domain - Appears to Come From the User's Domain. ESET's 2021 research found a 7.3% increase in email-based attacks between May and August 2021, the majority of which were part of phishing campaigns. Key takeaway: Gaining access to trusted institutions is a major win for cybercriminals, whether . Batch files (2%). According to the study, emails that were deemed potentially harmful received by employees rose to a rate of 18.3% from 2021 to 2022. Acer Computers Acer, known globally for its computers, suffered a ransomware attack in which it was asked to pay a ransom of $50 million. One phishing email can be responsible for a company succumbing to ransomware and . According to Proofpoint's 2022 State of the Phish Report, 83% of organisations fell victim to a phishing attack last year. These attacks account for 34.7% of phishing attempts. Branded - Phishing Test Link Has User's Organizational Logo and Name. A new report analyzing billions of link-based URLs, attachments and natural language messages in email, mobile and browser channels over six months in 2022, finds more than 255 million phishing . Script files (11%). DDoS Attacks 5. Roughly 15 billion spam emails make their way across the internet everyday, which means that spam filters are "working overtime" and are liable to permit malicious phishing attack emails to slip through. 1) PHISHING IS INCREASINGLY BEING SENT VIA TEXT MESSAGE Fewer people are suspicious of text messages than. Java files (2%). The abovementioned attacks are just the biggest phishing attacks in the history of phishing attacks. And, the latest phishing scams in 2022 have been quick to adapt. Key . Supply Chain Attacks 6. Posted by admin On May 11th, 2022. 1. A phishing attack usually happens when an attacker dupes a victim into opening an email, text message. February 22, 2022 83% of survey respondents said their organization experienced at least one successful email-based phishing attack in 2021, a 46% increase over 2020; 78% of organizations saw an email-based ransomware attack in 2021 Phishing is one of the greatest cyber security threats that organisations face. Computing giant Microsoft is no stranger to cyberattacks, and on March 20th 2022 the firm was targeted by a hacking collective called Lapsus$. Wifiphisher can be further used to mount victim-customized web phishing attacks against the connected clients in order to capture credentials (e.g. 14 phishing red flags to watch for in 2022. Here are the Top 8 Worst Phishing scams from November 2021: October 18 Vinomofo Data Breach: Australian wine dealer Vinomofo has confirmed it has . There are several reasons for thinking so. Data breaches in Australia are on the rise, particularly in the financial and healthcare industries. Brand impersonation continued to lure victims through phishing pages, and Microsoft and LinkedIn were the topmost impersonated brands. Azure's new App Service enables organizations to quickly create and deploy web-based apps on the Azure platform. June 9, 2022 The APWG's new Phishing Activity Trends Report reveals that in the first quarter of 2022, the APWG observed 1,025,968 total phishing attacks the worst quarter for phishing that APWG has observed to date. In the first quarter of 2022, OpSec Security found that phishing attacks against the financial sector, which includes banks, remained the largest set of attacks, accounting for 27.6 percent of all . Fake virtual meetings As remote work took off in early 2020, hackers seized on the opportunity to create phishing campaigns targeting users leveraging popular virtual meeting technology. Northern Territory Government Data Breach. And according to IBM and the Ponemon Institute, the average cost of a . In addition to Twilio, the criminals also compromised MailChimp and Klaviyo, and their attacks led to supply-chain breaches at customers that used those services, such as Signal and Digital Ocean. 11. According to the report, below are the top 10 phishing brands in Q1'22: LinkedIn (relating to 52% of all phishing attacks globally) DHL (14%) Google (7%) Microsoft (6%) FedEx (6%) WhatsApp (4%) Amazon (2%) Maersk (1%) AliExpress (0.8%) Apple (0.8%) The Best Defense "These phishing attempts are attacks of opportunity, plain and simple. Colonial Pipeline is a major U.S. company responsible for 45% of all fuel consumed on the east coast. IBM's Cost of Data Breaches Report 2022 quotes an average total cost of $4.5m (this figure was basically the same whether ransomware was involved or not). When COVID-19 was declared a pandemic by the World Health Organization in March 2020, phishers instantly recognized the opportunity created by global fear and uncertainty. In 2020, 75% of companies around the world experienced a phishing attack.