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2024 mid-year report

Bolster Research Phishing in Focus 2024 Mid-Year Report

AI Ignites an Unprecedented Surge in Phishing Attacks

In this mid-year report, Bolster Research provides insight into the trends around the evolving landscape of phishing attacks and scam techniques. Leveraging CheckPhish data from Bolster Research, the report covers a seven- month period from January through July 2024.

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Key Report Findings:

  • AI is creating scams and phishing attacks at new levels of speed and scale with over 38,000 new phishing sites launched each day in the first half of 2024.

  • Cybercriminals are using a multi-pronged approach, leveraging email, text, social media, fake websites and voice calls to expand the attack surface.  Social media originated phishing attacks grew 170%.

  • Nation-state threat actors are launching US presidential related phishing attacks, spam campaigns and data breaches. China, Russia and Iran are driving 75% of the activity.

  • May is a hotspot month for phishing attacks targeting summer consumers. Phishing sites grew 2x from May 2023 to May 2024.

  • Technology is the top targeted sector for phishing, with 67% of phishing attacks aimed there.

  • Payment providers are under fire, with phishing attacks up 15% because of lucrative rewards and easy dark web sales.

We also cover our three predictions for phishing trends for the rest of 2024 and three key measures that organizations can take to defend against evolving phishing threats.  Download the full report to learn more.

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