Scam Overview

Phishing & Email Fraud

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Emails or texts that impersonate trusted organizations to steal login credentials, financial details, or personal information.

Annual Loss

$2.9B reported globally in 2024

Primary Targets

Anyone with an email account, especially banking and payroll staff

Objective

Harvest passwords, redirect payroll deposits, install malware, steal identities

Key Red Flags

  • Urgent language demanding immediate action
  • Links that point to misspelled or unfamiliar domains
  • Requests for passwords, MFA codes, or sensitive data
  • Unexpected attachments (ZIP, HTML, PDF) from unknown senders

Sub-types & Playbooks

Common variations and tactics

01

Credential Harvesting

Fake login pages that capture usernames, passwords, and MFA codes.

02

Business Email Compromise

Attackers impersonate executives or vendors to convince finance teams to transfer money.

03

Malware Delivery

Attachments or links install remote access trojans (RATs) or ransomware payloads.

Insights & Stats

Median Loss

$11,250

Time to Compromise

Under 5 minutes once link is clicked

Growth

+27% YoY