Cyber security company Kaspersky detected and blocked 7,262 attempts of financial phishing by cybercriminals through anti-phishing technologies in 2023.
This number only refers to phishing links related to finance matters like e-commerce, banking, payment systems and the like, as stated in a press release on Tuesday.
The statistics reflect clicks on phishing links placed in various communication channels, including emails, fraudulent websites, messengers, social media, etc.
Phishing persuades users to take action which gives a scammer access to the user’s device, accounts, or personal information. By pretending to be a person or organisation the users trust, they can more easily infect the victim with malware or steal their information.
These social engineering schemes ‘bait’ with trust to get valuable information. This could be anything from a social media login, to a user’s entire identity via their social security number.
These schemes may urge the user to open an attachment, follow a link, fill out a form, or reply with personal information.
The ‘financial phishing’ is a type of phishing which refers to fraudulent resources related to banking, payment systems and digital shops. Payment system phishing includes pages impersonating well-known payment brands.
Kaspersky SouthEast Asia General Manager Yeo Siang Tiong said phishing is a trusted technique for cybercriminals when it comes to infiltrating business networks because they usually work.