PayPal Becomes Phisher’s Favorite Brand, Office 365 Phishing Techniques Evolve

Ganesh The Awesome Senior Pre & Post-Sales Engineer at GlobalDots

11th November, 2019 1 Min read

PayPal has overtaken Microsoft to claim the number one ranking for phisher’s favorites for the first time. Netflix was not far behind as the streaming giant moved up to the third spot with a 14.1 percent QoQ and 73.7 percent YoY growth in unique phishing URLs, according to Vade Secure.

Leveraging data from more than 600 million protected mailboxes worldwide, Vade’s machine learning algorithms identify the brand being impersonated as part of its real-time analysis of the URL and page content.

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

After five quarters, PayPal has become the first brand other than Microsoft to claim the number one spot in the rankings. In Q3 2019, Vade’s AI engine detected 16,547 unique PayPal phishing URLs for an average of nearly 180 per day. This represents a 69.6 percent YoY increase.

Impersonating PayPal, which had more than 286 million active user accounts in Q2, is clearly a highly profitable practice for cybercriminals, with no letup in sight.

Graphic of lock symbols over fingerprint patterns with binary code. — Cybersecurity concept – Open and closed locks with digital fingerprints from an hacker

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