Security researchers have recorded a 62% year-over-year increase in phishing websites and a 304% increase in fraudulent pages in 2022.
Group-IB new Digital risk trends in 2023 Today’s report classifies phishing as a threat that results in identity theft and fraud as an attempt to trick victims into voluntarily handing over money or confidential information.
We found that the average number of brand images and logos used in fraudulent campaigns increased 162% year-over-year, rising to 211% in APAC.
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Group-IB has detected a 304% year-over-year increase in fraudulent resources using legitimate brand names and likenesses in 2022. Financial services (74%) was the most targeted, followed by lotteries (12%) and oil & gas (5%). %), retail (3%). Financial services and social media were also the two industries he suffered the most from phishing.
The report argues that the rise in phishing and fraud can be attributed to increased automation and use of social media in campaigns. Group-IB argues that the former trend will continue with the use of AI text generators to create compelling phishing and fraudulent copy.
In Europe, half (48%) of frauds detected by threat intelligence firms in 2022 were spread via messaging apps, while the majority in APAC (76%) and MEA (92%) were spread on social media. Diffused.
“Not only are fraud campaigns impacting more brands each year, but the impact each individual brand faces is growing as well. Scammers are only reaching more potential victims. Instead, they use a huge amount of domains and social media accounts to evade counterattacks,” explained Group-IB Operations Director Vladimir Kalugin.
“Fraud is also becoming more automated as the number of new tools available to would-be cybercriminals continues to grow. “
