With time, cyber crooks are getting smart. Thanks to their efforts to upgrade themselves with the growing technologies. As per the recent Akami reports, the Cybercriminals are not using the enterprise-based development and deployment strategies when it comes to carrying out the illegal activities like phishing as a service (PaaS) by leveraging to some of the top and largest technology brands. As per the same reports, around 42.63 percent of domains were seen targeting companies like Microsoft, DHL, Dropbox and PayPal to name a few. The recent reports from Cloud delivery network provider called Akamai Technologies has confirmed the same this Monday.
The same reports also suggested that the phishing activities are no more restricted to the email-based threats but has even extended to other domains like social media and other mobile devices, which end up creating huge reaching issues that end up touching different industries. As we see this method constantly morphing into diverse kinds of techniques that were business email compromise attacks. As per FBI and BEC attacks that have resulted in worldwide losses of around 12 billion USD between 2013 to 2018. The experts call Phishing to be a long-term issue, which hurts the consumers and businesses until there comes an organized and personal training program along with having a layered defense technique in place.
Furthermore, the reports also suggest that cybercrooks are now targetting bigger and global brands all across the market along with their users who come from different walks of life and industries using some highly-organized and sophisticated kind of phishing kit operations. During the research phase, we see more than 6,035 sectors and 120 kit variations, backed with high-end technology seemed to have targetted the top industry when it comes to phishing. Having said that, the e-commerce and media industry has remained on the hit list by the cyber goons. All in all, more than the top 60 brands in the world turned the victim of this menace. More than 60 percent of the total phishing kits seemed to have observed active for note less than three weeks or less during the search operation carried out by the research group. This ends up saying that phishing attacks are turning popular with every passing day. With the shorter lifespan in the cyber attacks, cybercriminals are now hell-bent on developing newer methods of evasion to keep their kits undetected.