Facebook, Instagram, Microsoft, and PayPal are now the most affected networks by phishing scams

Even if cloud companies continue to have the most phishing URLs, social media giants are now stepping up to take the lead in this concerning situation, as of Q1 2019 data shows.

Cybersecurity researchers say that what seemed to be unbelievable a year ago, now has become a certain fact; recent recordings show that Facebook phishing cyberattacks have spiked with 155.5% in the first quarter of 2019.
By looking at these new facts we can clearly see that pushing on social media is now the fourth-most-popular category for hackers, specialists say. But the most affected social network is not Facebook as you may believe so, Instagram phishing URLs have jumped up with an astonishing 1868% compared to the same period of last year.

In fact, all social media platforms saw more growth than any other phishing category evaluated in the past.

Surprising is the fact that this is the first time when a report about phishing shows major changes in top brands for North America and Europe in the last few years.

All internet surfers must remember that everything can be hacked. In order to stay away from any threats related to the cyber world, we recommend the install of antivirus for Windows or antivirus for Mac on every device that you own, depending on which OS your device is running. If you are a company, it is also recommended to hire every year a specialized cybersecurity company that will run annual tests on your company’s network. These tests include penetration testing and ethical hacking tests;

The problems started slow but surely since last year when Facebook became the top spoofed brand in the world among social networks.
For the moment researchers aren’t sure why this social network has become so appealing to hackers. But there are some speculations about that: one reason could be the rise of social sign-on using Facebook accounts, which attackers could use to view and compromise other apps people have authorized for Facebook login. Another one can be Facebook’s dubious security practices.

Because its fast-rising popularity Instagram, too, has become an interesting target for hackers. For example, if we look back in time with just one year we could see that phishing attacks targeting the brand were “virtually nonexistent” and now those cyber attacks are skyrocketing on this popular network. Not long ago at the beginning of March, a phishing campaign tried to trick victims into providing credentials in exchange for a “verified” Instagram badge which was never been seen on this part of the cyberspace until now.

Instagram is closely followed by Microsoft in this shamefully top. Researchers say that this time to the high value of Office 365 credentials, is what drives the hackers to commit such a wide range of phishing attacks. From this report PayPal couldn’t be absent because of the money hackers can get, of course; the widely known financial portal saw a rose of 88% in this first quarter of the year.

We would continue to monitor these cybersecurity problems. Meanwhile, users should keep a keen eye out for any cyber attacks. Remember to use an antivirus for Windows or antivirus for Mac in every device that you own, depending on which OS your machine is running, If you are a company we recommend to hire every year a specialized cybersecurity company that will run annual tests on your company’s network, tests like this include: penetration testing and ethical hacking.