Phishing attacks are becoming increasingly common. In the second quarter of 2022 alone, India reported over 1.5 crore cyber attacks.
According to a report by Norton Labs, a cyber security company, it blocks an average of more than 17.5 lakh such attacks per day. Over 900 million threats were received by the company between April and June. That equates to approximately 10 million threats per day worldwide.
NortonLifeLock’s global research team reported 302,000 mobile threats worldwide, as well as 78,000 ransomware attacks.
According to Darren Shou, Head of Technology, NortonLifeLock, said,
“Threat actors are using social media for phishing attacks because it is a low-effort and high-return method of targeting millions of people worldwide. He continued by saying that because social media is so ingrained in our everyday lives, it is crucial to understand how to recognise scams and to keep a close eye on where requests for your personal information are coming from.”
The team discovered the most common methods used by cyber criminals to persuade victims to reveal personal information. The most common method is still login phishing pages. Criminals, on the other hand, are coming up with new ways to deceive social media app users. Account lockouts are a type of trick where the victim’s account seems to be locked because of a violation of intellectual property rights.
Criminals also trick victims into installing malware by promising them an increase in follower count or verified status. They also intercept temporary codes (OTPs) to gain access to two-factor authentication profiles.
