Thursday, January 21, 2021
Home Lead Story Cyber-Criminals Tend to Use Enterprise-Based Strategies for the Threat of Phishing

Cyber-Criminals Tend to Use Enterprise-Based Strategies for the Threat of Phishing

During the research period, with 6,035 domains, and 120 kit variations, high technology was the top industry targeted by phishing

Cyber-Criminals are using enterprise-based development and deployment strategies, such as phishing as a service (PaaS), to leverage some of the worlds largest tech brands, with 42.63 per cent of domains observed targeting Microsoft, PayPal, DHL, and Dropbox, a report from Cloud delivery network provider Akamai Technologies said on Monday.

The report also revealed that phishing is no longer just an email-based threat, but has expanded to include social media and mobile devices, creating a wide-reaching problem that touches all industries.

This evolving method continues to morph into different techniques, one of which being business email compromise (BEC) attacks.

According to the FBI, BEC attacks resulted in worldwide losses of more than $12 billion between October 2013 and May 2018.

“Phishing is a long-term problem that we expect will have adversaries continuously going after consumers and businesses alike until personalized awareness training programs and layered defense techniques are put in place,” said Martin McKeay, Editorial Director of the State of the Internet/Security report for Akamai.

The report found that Cyber-Criminals are targeting top global brands and their users across various industries through highly-organized and sophisticated phishing kit operations.

During the research period, with 6,035 domains, and 120 kit variations, high technology was the top industry targeted by phishing.

Following that, financial services, with 3,658 domains and 83 kit variants, was the second most-targeted industry. E-Commerce (1,979 domains, 19 kit variants) and media (650 domains, 19 kit variants) rounded out the list. In all, more than 60 global brands were targeted during the reporting period.

Cyber-Criminals
Cyber-Criminals are using enterprise-based development and deployment strategies, such as phishing as a service (PaaS), to leverage some of the worlds largest tech brands, with 42.63 per cent of domains observed targeting Microsoft, PayPal, DHL, and Dropbox. Pixabay

According to the report, Microsoft, PayPal, DHL, and Dropbox were the top targeted brands when it came to phishing, with Microsoft taking up 21.88 per cent of total domains (3,897 domains and 62 kit variants), PayPal taking up 9.37 per cent of total domains (14 kit variants), DHL (7 kit variants) taking up 8.79 per cent of total domains and Dropbox having 2.59 per cent (11 kit variants) of total domains.

Sixty per cent of the phishing kits observed were active for 20-days or less during the reporting period, which is becoming more common among phishing attacks.

ALSO READ: Pollution Levels in New Delhi Hit a Three-Year High

This short lifespan is likely why criminals continue to develop new evasion methods to keep their kits undetected. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

A screening Tool To Diagnose Depressive Symptoms In Early Pregnancy

Researchers have identified a screening tool that may help diagnose depressive symptoms and other mental disorders in early pregnancy. The study, published in the...

AI To Read The Facial Expressions Of Women In Distress

The Lucknow police are deploying facial recognition technology backed by security cameras that will read expressions of women in distress and alert their nearest...

Queer Spaces To Check Out In Philadelphia

In 1965, four years before the Stonewall Riots in New York ignited the worldwide modern gay rights movement, a group of protesters began an...

Maldives The Most Preferred Holiday Destination For India

India has always been a key market for the Maldives. Since the reopening of the borders, the arrival statistics have shown gradual and constant...

Cristiano Ronaldo Becomes The Top Goal Scorer In Football History

Cristiano Ronaldo has become the top goalscorer in football history as his Juventus side won the Italian Super Cup (Supercoppa) for the ninth time,...

70% Rise In Towing Assistance Queries Post-Accidents On Highways

Around 1.50 lakh people die in road accidents every year. Maharashtra saw a fall in accidents last year, with around 25,000 reported accidents which...

Patients With Inactive Cancer Are On Higher Risk Of Illness From Covid-19

Patients with inactive cancer and not currently undergoing treatments also face a significantly higher risk of severe illness from Covid-19, a new study suggests....

Planning To Visit Seychelles Island, Dos And Don’ts To Keep In Mind

The exotic island of Seychelles known for its pristine beaches reopens borders to all countries worldwide. The much-anticipated news by the tourism industry, considering...

Recent Comments