Credential phishing is still on the rise. This form of cyberattack, which involves the theft of email account credentials via fake or compromised login pages, can expose organizations to a wide range of crimes that include fraud, espionage, and information theft, which in turn make them vulnerable to monetary loss and operational disruption.
In the first half of 2019 alone, the Trend Micro™ Cloud App Security™ solution detected and blocked 2.4 million attacks of this type — a 59% increase from 1.5 million in the second half of 2018.
Figure 1. Trend Micro Cloud App Security credential phishing detections in 2018 2H and 2019 1H
The countries with the highest numbers of credential phishing attack detections were the Netherlands, the U.S., and Japan.
Figure 2. Top three countries with the most credential phishing attacks detected
Given these numbers, organizations worldwide must continue to be vigilant against credential phishing. The risk of falling victim to an attack is increased not only due to its prevalence — cybercriminals are also crafting new techniques for a greater chance of deceiving email users.
The Rising Tide of Credential Phishing: 2.4 Million Attacks Blocked by Trend Micro Cloud App Security in 2019 1H - Security News - Trend Micro USA
Credential phishing continues to be a bane for organizations. In the first half of 2019, the Trend Micro™️ Cloud App Security™️ solution caught 2.4 million attacks of this type — a 59% increase from 1.5 million in the second half of 2018.