According to a new report, millennials are the primary target of phishing attacks, as AI-driven, quishing, and multi-channel tactics have emerged as the top phishing trends.
The Egress Threat Intelligence team predicts the use of video and audio deepfakes in cyberattacks will increase over the next 12 months and beyond. Generative AI is also expected to increase attack success rate, including creating payloads such as malware, phishing websites, and invoices for wire fraud attacks as cybercriminals look to streamline their processes and deliver more efficient campaigns at even swifter pace. SEGs are static in an evolving landscape The new report reveals that in the first three months of 2024, there was a 52.2% increase in the number of attacks that got through SEG detection.68.4% of these attacks passed authentication checks, including DMARC, which is a primary detection capability used by SEGs.
On the other hand, the use of attachment-based payloads has decreased since 2021; three years ago, these accounted for 72.7% of attacks detected by Egress Defend, and by the first quarter of 2024, this had fallen to 35.7% as threat actors evolve their payloads to evade cybersecurity efforts. Multi-channel attacks capitalise on work messaging apps’ popularity Following initial phishing email attacks, Microsoft Teams, and Slack account for 50% of second steps in multi-channel attacks, and the Egress Threat Intelligence team only expects this to rise in popularity amongst cybercriminals.
DocuSign is the most impersonated brand, followed by Microsoft. 16.8% of phishing attacks rely solely on social engineering methods. Microsoft Teams was the most popular second step in multi-channel attacks, accounting for 30.8%, followed by Slack (19.2%), and SMS (18.6%). AI is being used for nearly every aspect of cyberattacks. From Jan-Mar 2024, 52.2% more attacks got through SEG detection. Millennials are the key target for cybercriminals. Key themes: Quishing on the rise as payloads evolve Egress’ Threat Intelligence team has closely followed the popularity of QR code phishing (or "quishing”) in 2023, with attacks being both prolific and highly successful.
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