As inflation rises globally, the cost to launch phishing attacks has plummeted, with phishing kits now selling for under $25 on the dark web. This affordability allows even less skilled criminals to engage in identity theft and data breaches. The emergence of Phishing as a Service (PhaaS) is also on the rise, enabling subscription-based services to target victims more effectively. Cybersecurity experts warn consumers to remain vigilant as the surge in availability and variety of phishing tactics increases risks.
Phishing kits are a force multiplier for cyber crime. They put powerful attack tools into the hands of people who may not have the skills to build them on their own.
With features like drag-and-drop website builders, email templates, and even contact lists, these kits enable even the least technical attackers to carry out professional-looking scams.
Phishing kits and PhaaS platforms lower the barrier to entry, so we're seeing a surge in the number and variety of attacks. That means consumers need to be more alert than ever.
The first quarter of this year showed a marked increase in phishing attempts, with common impersonated brands being Google, Facebook, and Microsoft.
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