Phishing attacks surge in 2024 as cybercriminals adopt AI tools and multi-channel tactics

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Phishing attacks surge in 2024 as cybercriminals adopt AI tools and multi-channel tactics

Phishing attacks are escalating in complexity and frequency, with cybercriminals employing advanced tactics like QR code phishing and AI-driven methods. A recent Egress report highlights a 28% increase in phishing emails in Q2 2024 compared to the previous quarter. The rise in attacks is overwhelming for many organizations, with some facing up to 36 phishing emails daily.

The sophistication of these attacks is alarming, as they now bypass traditional security measures, including Microsoft 365's defenses. New strategies like HTML smuggling and multi-channel phishing are being utilized to target victims across various platforms. Businesses must adopt advanced security protocols and cultivate awareness to combat this growing threat effectively.

• Phishing attacks increased by 28% in Q2 2024 compared to Q1.

• AI tools are enhancing the effectiveness of phishing campaigns.

Key AI Terms Mentioned in this Article

AI-powered attacks

AI-powered attacks automate and personalize phishing campaigns, making them more convincing.

Deepfakes

Deepfakes are used by cybercriminals to impersonate trusted individuals, increasing attack success rates.

Payloadless attacks

Payloadless attacks rely on social engineering rather than traditional malicious attachments or links.

Companies Mentioned in this Article

Egress

Egress provides insights into the rising trend of phishing attacks, highlighting their impact on organizations.

Microsoft

Microsoft's security features are being targeted by cybercriminals to bypass defenses in phishing attacks.

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