CHEQUING OUT
services , the next most targeted sector . This doesn ’ t just come from Zimperium data , but the Anti-Phishing Work Group ( APWG ) too , who noted that the financial services sector accounted for 23 % of all phishing attacks they detected .
It ’ s not hard to see why . Attackers are driven towards money and data that can provide access to money .
From that point of view , it makes sense that the finance sector might be a valued target for cybercriminals – it offers a direct route to quick monetisation .
Why mobile phishing is more effective
Phishing takes on a new character on mobile devices . Perhaps because users don ’ t expect phishing messages on their mobile devices , perhaps because people trust their mobile devices more than their desktop computers , people are generally more likely to click on phishing links delivered to their mobile , than to their desktop or laptop .
SMS phishing , sometimes known as smishing , is a rapidly growing vector . This may be because many users are well aware of the potential malicious messages that can be sent to their inbox , but may be unaware as to those which can hide within SMS messages . Similarly , phishers are eagerly trying
Chris Steiner , VP EMEA , Zimperium to exploit other mobile-based vectors including instant messaging apps and fake QR codes .
The 2023 GMTR finds that users are between six to 10 times as likely to fall for an SMS phishing attack , than an email based one . Zimperium data – from devices with anti-phishing technology installed on them – shows that each mobile device user clicks an average of five malicious links .
Traditional anti-phishing solutions can ’ t keep up
Furthermore , Mobile phishing causes problems for traditional anti-phishing solutions . These solutions are commonly blind to mobile phishing attacks because they ’ re still entirely focused on corporate email .
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