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Phishing is the most common form of cybercrime and is widespread across industries.
Phishing attacks are deceptive communications masked as trusted voices aimed at luring people into revealing sensitive information.
They are getting more sophisticated and target-oriented as the technology evolves.
Are you aware that91% of all cyber-attacksbegin with a phishing email?
Shocking, isnt it?
These statistics showcase that regardless of our tech-savviness, anyone can fall victim to a well-executed phishing attack.
Lets look at global statistics concerning how effective these scams are despite efforts made to prevent them.
Keep safe by staying on your toes in the modern world of information communication technology.
Leading countries include the USA, China, Russia (responsible for nearly 30%), and Brazil.
The most prevalent crime was phishing scams, accounting for over 300,000 complaints.
Surprisingly, investment schemes resulted in the highest financial loss to victims a first for IC3 data.
While a slight increase from 2021, almost half of all emails worldwide were categorized as spam in 2022.
The decline in spam since 2011 showcases improved filtering systems and user awareness, but vigilance remains crucial.
Its findings reveal how attackers continue to gain an advantage and shed light on their most widely utilized tactics.
All these phishing attacks resulted in a direct financial loss rise of 76%.
Actually, in Q1, Credential Theft was at the top of all email impersonation threat types.
Yet recentdata analysis by the Atlas VPNteam reveals this isnt the case at all.
The most common form is bulk phishing, with85% of global companies falling victim in 2022.
According to Proofpoint data,75% of organizations encountered this non-email-based threat, making it 5th top attack.
One of these methods is called smishing, where phishing attacks are delivered through mobile phones.
Business email scams linger for 308 days, also at a hefty $4.89 million per hit.
While phishing is detected at 295 days, its initial bite is the worst, averaging $4.91 million.
In this sub-section, we will see how top organizations are taking measures to prevent phishing attacks.
Google blocks around 100 million phishing emails daily
Google spam fighting arsenal just got sharper!
Powered by TensorFlow, its new defenses block100 million more spam messages daily.
This was followed by aerospace and mining companies with a 13% failure rate.
Assuming ignorance or incompetence can easily lead to disastrous results in terms of financial and operational impact.
