Cyber Magazine September 2023 | Page 39

TOP 10

PHISHING ATTACKS

Phishing attacks continue to pose a significant threat to businesses , with research by Acronis finding the number of email-based phishing attacks surged 464 % in the first half of 2023 .
Employees , regardless of their position , can easily fall victim to convincingly forged emails , websites , or messages that masquerade as legitimate communications . This can prompt employees to inadvertently disclose sensitive information , such as login credentials or financial details , which can then be weaponised by cybercriminals for financial gain or to access proprietary data .
Phishing attacks have become increasingly sophisticated and widespread , with a staggering 92 % of organisations falling victim to successful phishing attacks in the last 12 months . And as attack surfaces grow , generative AI systems , such as ChatGPT , are even being utilised by cybercriminals to craft malicious content and conduct cyber attacks – leading to financial losses , erosion of reputation and the undermining of customer trust and loyalty . cybermagazine . com 39