Perception Point Reports Business Email Compromise and Phishing Attacks Soar by 20% and 41% Respectively in H1 2023
TEL AVIV, Israel, July 27, 2023 /PRNewswire/ -- Perception Point, a leading provider of advanced threat prevention across digital communication channels, today published a new report analyzing global cyberattack trends in H1 2023 amidst the paradigm shift brought about by advances in generative AI (GenAI) capabilities. In its H1 2023 Report: Cybersecurity Trends & Insights, Perception Point reported an overall increase in social engineering attacks, including a 20% growth in the prevalence of Business Email Compromise (BEC) attacks along with a 41% surge in phishing attacks from H2 2022 to H1 2023. Additionally, the report observed a 75% increase in attacks targeting cloud collaboration apps and storage, including Microsoft 365 apps, Salesforce, Slack, AWS S3 Buckets and others. The report identifies and analyzes additional concerning cyberattack trends, based on intelligence gathered from the company's Advanced Threat Prevention solutions, which intercept attacks across email, web browsers, and cloud collaboration apps.
- In its H1 2023 Report: Cybersecurity Trends & Insights, Perception Point reported an overall increase in social engineering attacks, including a 20% growth in the prevalence of Business Email Compromise (BEC) attacks along with a 41% surge in phishing attacks from H2 2022 to H1 2023.
- GenAI tools are fueling this year's rise in both BEC and phishing attacks, whose prevalence had already increased in 2022 according to previous Perception Point research.
- To combat the rising threat posed by generative AI, Perception Point has developed an innovative Large Language Model (LLM)-based detection engine to detect and prevent social engineering attacks.
- The H1 2023 report goes on to analyze the distinct cybersecurity challenges faced by organizations based on size, region, and sector.