Tuesday, August 4, 2020
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

18,965FansLike
362FollowersFollow
1,783FollowersFollow

Most Popular

2 US Astronauts Return Back From International Space Station

Two U.S. astronauts returned to Earth on Sunday, splashing safely into the Gulf of Mexico after a two-month mission to the International Space Station...

Making Ayodhya Railway Station A Replica of Ram Temple

When people arrive in Ayodhya in the coming months, they will get a glimpse of the grand Ram temple before they actually visit the...

10 Things People with Drug Problem Don’t Want to Hear from You

Drug addiction is a very sensitive issue that no one wants to be associated with. Most people who became addicts started it as a...

386M Databases From 18 Companies Stolen

A hacker/hacking group known as ShinyHunters flooded a hacker forum with 386 million user records stolen from 18 companies. According to BleepingComputer, ShinyHunters last week...

‘Unfixable Vulnerability’ Found in Apple’s Secure Enclave Chip puts Users’ Data at Risk

A new exploit has allegedly been found in Apple's Secure Enclave chip putting the data of iPhone, iPad, Mac users at risk. Chinese hackers from...

Amitabh Bachchan Shares Emotions After Covid Recovery, Raksha Bandhan Plans

Cine icon Amitabh Bachchan has said it is heartening to be back home from hospital after his Covid recovery. He has also revealed his...

Volcanic Eruptions Responsible for Cooling of Earth: Researchers

Analysis of sediment found in a central Texas cave in the US shows volcanic eruptions responsible for the cooling of the Earth around 13,000...

Entertainment Industry has Made us Whatever we are: Ravi Dubey

Actor Ravi Dubey says it is not easy for television actors to make it big in Bollywood. "It's not easy, because there are times certain...

Recent Comments