When it comes to impactful types of internet-borne crime, phishing is the name of the game. And for good reason. It serves as a vessel for various strains of malware, including ransomware, and underlies data-stealing campaigns that target large organizations and individuals alike. According to Verizon’s 2023 Data Breach Investigations Report (DBIR), a whopping 74% of breaches involve a human element, which is exactly what phishing aims to exploit.
From a cybercriminal’s perspective, the rationale behind prioritizing these attacks is that they are both lucrative and fairly easy to execute, even more so if the theme of a fraudulent email pulls the right strings in a recipient’s mind.