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2021 Saw 153% Increase in Phishing and Scam Sites

Threat actors continue to change the methods that they implement in order to obtain illicit access to someone’s personal data because of the fact that this is the sort of thing that could potentially end up making it more difficult to predict what they might do next. One change that can be noticed in the recent years is that they have started to implement various web pages that are used for phishing as well as numerous other scams that they have been working on.

It turns out that over 10.5 million phishing and scam sites were established in 2021 alone, something that you can read about in the recent report published by Bolster. With all of that having been said and now out of the way, it is important to note that this represents a 153% increase in the creation of such sites which indicates that cyber criminals are definitely finding a bit of success in this regard otherwise they likely wouldn’t have been spending so much time coming up with such web pages in the first place.

Around 30% of these attacks are being conducted specifically against tech companies, and they often focus on supply chains that can be disrupted in an instant. If a tech vendor has their supply chain hacked, this could create multiple opportunities for hackers to enter consumer networks as well with all things having been considered and taken into account.

Perhaps the most concerning thing about these sites is that they are being hosted by legitimate service providers such as Cloudflare as well as web hosting services offered by Amazon and Google. They are impersonating major brands with Microsoft being the most common target since it exceeds all other brands even if we count them as a single unit.

Clearly more work needs to be done to crack down on these sites, and web hosting providers need to take further steps to prevent these sites from being established on their servers. Consumers also need to be given education and training to make them more aware of the various threats that they might come across online.
Read next: PayPal Impersonated in 38% of Phishing Attacks in 2021, More Than Mastercard, Visa and American Express Combined

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