Written on 31/03/2023

Phishing is where fraudsters use fake emails, websites, or other communication methods to trick you into providing sensitive information such as passwords, credit card numbers, and other personal data. This tactic has been around for many years, and cybercriminals have constantly evolved tactics to stay ahead of security measures. The latest iteration of phishing is known as "Phishing 3.0."

Phishing 3.0 is a new level of cyber threat that uses advanced techniques to deceive victims and bypass traditional security measures. Unlike conventional phishing attacks, which typically use a fake login page to steal user credentials, Phishing 3.0 is more sophisticated and personalised. Attackers use social engineering tactics to craft clear messages that appear to come from a trusted source, such as a colleague, friend, or family member.

One of the most significant differences between Phishing 3.0 and earlier versions is using artificial intelligence and machine learning. Cybercriminals can now use these technologies to analyse large amounts of data and create more realistic and targeted phishing attacks. This means the attacks can be tailored to specific individuals based on their personal information, such as their name, job title, or interests.

Another aspect of Phishing 3.0 is the use of multiple attack vectors. In addition to email, attackers can now use other methods, such as social media, messaging apps, and even phone calls, to trick victims into giving up their personal information. This approach makes detecting and preventing attacks more challenging for security teams.

To protect against Phishing 3.0 - stay vigilant and be aware of the latest threats. This means keeping software up-to-date, using strong passwords, and being cautious when opening emails or messages from unknown senders. Additionally, organisations can implement security awareness training programmes to educate employees about the risks of phishing and how to recognise and avoid these attacks.  Always double check bank account information, even internally, by asking for secondary confirmation. 

As cybercriminals evolve their tactics, staying informed and taking proactive measures to protect against these attacks is crucial.

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