Cybercriminals often create copies of popular websites in an effort to lure unsuspecting users to enter their sensitive details such as their login credentials or credit card information.
According to Google's Transparency Report, an average of 46 thousand phishing sites were detected every week this year. The data also reveals that there were two huge spikes in malicious websites during the first half of 2020 that reached over 58 thousand detections per week at their peaks. However, the second half of the year seemed more stable with around 45 thousand new phishing sites registered every seven days.
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One of the reasons that Altas VPN believes there were more phishing sites created in 2020 than in previous years is due to the fact that more users were online while quarantining at home and more employees were working from home during that time. This created opportunities for cybercriminals who exploited users' fears of the virus to lead them to a greater number of fake, malicious websites.
Record year for phishing
In order to take a look at wider phishing trends, Atlas VPN's research team analyzed phishing site data since the first quarter of 2015 to discover that 2020 is the year with the most new phishing sites to date.
The 2.02m phishing sites registered by Google represent a 19.91 percent increase from last year when malicious site volume reached 1.69m. At the same time, the average year-by-year change in phishing websites revealed a 12.89 percent growth since 2015 and all three quarters in 2020 had more malicious site detection than any of the previous year's quarters.
In its report on the matter, Atlas VPN's John C. explained that panic was one of the leading drivers in the increase in the number of phishing sites registered this year, saying:
“It is quite easy to correlate the pandemic with the increase in phishing attacks, not only because of the increased internet usage but also due to the panic. Panic leads to irrational thinking, and people forget basic security steps online. Users then download malicious files or try to purchase in-demand items from unsafe websites, in result becoming victims of a scam.”
In order to avoid falling victim to phishing attacks, users should carefully check the URL of each site they visit, ensure that the websites they visit use HTTPS and not HTTP and check for spelling and grammar mistakes as they can be a major red flag.
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