The APWG Phishing Activity Trends Report for Q2 2024 highlighted a decrease in reported phishing attacks compared to Q1, with 877,536 attacks in Q2. However, concerns were raised about potential underreporting due to email providers blocking users from forwarding suspected phishing emails. The report discussed evolving tactics of malicious actors, including vishing and smishing methods targeting bank and online payment customers
Social media platforms remain highly targeted, despite a decrease in attacks on financial services entities. The average amount requested in wire transfer BEC attacks rose to $89,520, while the frequency of BEC attacks decreased. Gift card scams were identified as the most popular type of fraud, followed by advanced fee fraud and payroll diversion. Free webmail providers like Google Gmail were frequently used in BEC attacks. The report emphasized the importance of staying vigilant, implementing robust security measures, and staying informed about evolving phishing techniques to effectively combat cyber threats. https://www.tripwire.com/state-of-security/analyzing-latest-apwg-phishing-activity-trends-report-key-findings-and-insights