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The first phishing lawsuit was filed in 2004 against a Californian teenager who created the imitation of the website “America Online”. With this fake website, he was able to gain sensitive information from users and access the credit card details to withdraw money from their accounts.

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Austrian aeronautics company loses $42 million to CEO Fraud (2016).

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Austrian aeronautics company loses $42 million to CEO Fraud (2016).

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Fischer Advanced Composite Components AG, an Austrian aeronautics company, was another high-profile victim of a CEO fraud scam.

In 2016, an employee in Fischer's financial department received an email impersonating the company's CEO Walter Stephan. The employee then proceeded to transfer almost €50 million euros to a cyber criminal's bank account.

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In November 2014, the criminal hacking group ‘Guardians of Peace’ leaked a reported 100 terabytes of data from the film studio Sony Pictures.

The attackers laid their trap months earlier, according to Stuart McClure, the CEO of computer security firm Cylance, who analysed the leaked data.

McClure found that many top Sony executives, including CEO Michael Lynton, received phishing emails that appeared to be from Apple.

The messages asked them to provide ID verification emails, and promptly redirected them to a bogus site that captured their login credentials.

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 Must-Know Data Breach Statistics [updated 2024]

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 Must-Know Data Breach Statistics [updated 2024]

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1. 65 percent of data breaches in 2023 involved internal actors, and 35% involved internal actors.

2. 95 percent of data breaches are financially motivated. This is an increase of 24 percent since 2019. .

3. Ransomware accounts for nearly 24 percent of incidents in which malware is used.

4. In more than 70 percent of cases, breaches can be traced back to organized crime groups .

5. It took an average of 194 days to identify a data breach globally in 2024, a slight decrease from 2023.

6. The number of data breaches in the U.S. has significantly increased, from a mere 447 in 2012 to more than 3,200 in 2023.

7. Online fraud cost Americans $12.5 billion in 2023.

8. 91% of cybersecurity professionals reported an increase in cyber attacks due to remote working.

9. Cyber scams increased by 400 percent in the month of March 2020, making COVID-19 the largest-ever security threat.

10. Phishing scammers will also target online gamblers as more states legalize online sports betting.

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1. 4 minutes and 9 seconds is the average time it takes for LockBit to encrypt a system after execution.

2. The average cost of a ransomware attack service is only $66.

3. 66% of supply chain attacks focused on the suppliers’ code in order to further compromise targeted customers.

4. The average time to identify and contain a data breach in 2024 was 283 days.

5. Microsoft observed the password “admin” used in IoT devices over 20 million times.

6. A cyber attack occurs every 39 seconds, or 2,244 times per day.

7. Human error is the primary cause of cybersecurity breaches, accounting for 68% of all data breaches.

8. The IT industry is the #2 most impacted industry due to ransomware.

9. The average cost of downtime is 24 times higher than the average ransom amount.

10. You can purchase someone’s account credentials for $1 on the dark market.

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Carlos wants to buy a game online. He finds Amazon, which has "https" and the lock symbol in the URL. He feels safe shopping there.

Trusted websites like Amazon are safe if they show "https" and the lock symbol. Always check before entering payment info.

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Carlos wants to buy a game online. He finds Amazon, which has "https" and the lock symbol in the URL. He feels safe shopping there.

Trusted websites like Amazon are safe if they show "https" and the lock symbol. Always check before entering payment info.

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In 2013, Target, a well-known retailer, suffered a massive data breach. Hackers gained access to personal information, including credit card details, of over 40 million customers. The hackers exploited a weakness in Target's website security, which led to a large-scale data theft.

Always ensure that the website you are shopping on uses "https" and has a lock symbol in the
URL bar. Security breaches can lead to identity theft and financial loss.

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The "Fleeceware" Apps on Google Play Store (2020)

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The "Fleeceware" Apps on Google Play Store (2020)

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In 2020, "fleeceware" apps were discovered on the Google Play Store, which appeared to be legitimate apps (like photo editors or games). However, these apps would charge users outrageous subscription fees after the trial period ended. Many users unknowingly paid large amounts for these apps.

Be careful when downloading apps. Check the reviews and the permissions they ask for. Never

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A fake Amazon website appeared online, tricking people into entering their personal information. The site had a very similar design to the real Amazon website, but the URL was slightly different-such as "amazn.com" instead of "amazon.com." People who visited this site thought they were shopping on Amazon and provided credit card details, which were then stolen by the scammers.

Always double-check the URL for any website. If you see a small mistake like an extra letter or a missing letter in the domain (for example, "amazn" instead of amazon"), don't trust the site.