back Back

AI foils 40% surge in phishing attempts in 2023, research reveals

By Puja Sharma

March 14, 2024

  • AI
  • chatgpt
  • Cyber Scams
Share

Phishing attacks grow by 40% in 2023

Over 709 million attempts to access phishing and scam websites in 2023, have been thwarted by Kaspersky’s anti-phishing system, marking a 40% increase compared to the previous year’s figures. Messaging apps, artificial intelligence platforms, social media services, and cryptocurrency exchanges were among the pathways most frequently exploited by threat actors to scam users.

Kaspersky’s annual analysis of the spam and phishing threat landscape revealed a persistent trend for 2022: a marked increase in phishing attacks. This continued to escalate in 2023, surging by over 40%. Besides a significant spike in phishing activity observed in May and June, the number of attacks rose steadily throughout the year. This trend could be linked to the onset of the holiday season, during which scammers commonly propagate travel-related scams, such as counterfeit airline tickets, tours, and enticing hotel deals.

The widespread integration of technologies featuring built-in GPT chats has provided scammers with new avenues to exploit. However, attackers have not forgotten their time-honored tactics. High-profile releases, events, and premieres, such as Barbie and Wonka, remained irresistible to phishers and scammers, whose counterfeit websites ensnared those eager to access the next big thing ahead of schedule or at a discounted rate.

Additionally, Kaspersky experts have observed a surge in attacks spread via messaging platforms. Kaspersky solutions thwarted 62,127 attempts to redirect via phishing and scam links on Telegram, a notable 22% increase in such threats from the last year.

As in the previous year, the majority of redirection attempts in messengers via phishing and scam links were blocked by Kaspersky’s solutions on devices owned by users in Russia. Brazil maintained second place, doubling the number of blocked phishing attacks, followed by Turkey, India, Germany, and Italy, where Telegram-based phishing activity also grew. Users from Mexico took seventh place this time, displacing Saudi Arabia from the top seven.

“Phishing remains a prevalent threat in today’s digital landscape, constantly evolving to deceive unsuspecting users. Vigilance and skepticism are our strongest defenses against falling victim to these malicious schemes. Stay cautious, verify before you click, and protect your digital identity,” said Olga Svistunova, security expert at Kaspersky.

 

 

 

Previous Article

March 14, 2024

Neonomics teams up with Norway’s Digipost for checkout solution

Read More
Next Article

March 14, 2024

5 FinTechs helping banks automate their trade finance processes

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

January 14, 2025

How mobile wallets are leading the charge in digital transformation

Read More

January 13, 2025

The Monday Roundup: what we are watching this week | Jan 13th

Read More

January 10, 2025

LogicMonitor & Gieom to boost operational resilience in financial services

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More