Phishing attacks continue to play a dominant role in the digital threat landscape. In its 2021 Data Breach Investigations Report (DBIR), Verizon Enterprise found phishing to be one of the most prevalent action varieties for the data breaches it analyzed. Its researchers specifically observed phishing in more than a third (36%) of breaches. That’s up from 22% a year earlier.
Digital fraudsters show no signs of slowing down their phishing activity for the rest of the year, either. Help Net Security revealed that the volume of phishing attacks increased 22% compared to H1 2020. Of those campaigns, approximately half of them leveraged Office 365 as a lure and targeted accounts used for Single Sign On (SSO) at 51% and 45%, respectively.