“Don’t let your guard down just because they’ve been around a while. Phishing attacks are more prevalent than ever! “
Glenn Baruck, The eDot Family of Companies
Phishing attacks have been around since the mid-1990s. One of the burning questions pondered by business owners, IT security professionals, government agencies and organizations alike is, “Why is one of cyber crime’s oldest threats still going strong?” For example, an annual FBI report recently calculated losses of over $4 billion in 2020 from internet crimes, with phishing attacks leading the way. The Anti-Phishing Working Group reports that January 2021 marked an unprecedented high in the APWG’s records, with over 245,771 phishing attacks in one month.
To get a better insight, look at this 4-minute read by Vio Onut, Ph.D. co-authored by Chenta Lee, Limor Kessem for securityintelligence.com, highlighting recent findings from IBM’s continuous deep dive into phishing attacks.