Security company Kaspersky noted a sharp increase in phishing attacks in the run-up to the Black Friday period, which mimic online payment pages. The number of incidents has more than doubled at 208 percent.
Days like Black Friday and Cyber Monday attract the attention of shoppers and retailers and cybercriminals. By creating fake pages that mimic the most prominent retail platforms and online payment systems.
Due to the coronavirus pandemic, Kaspersky’s researchers did not see the typical seasonal trends for phishing online shopping. For example, you normally see significant growth in phishing pages with offers that are too good to be true or growth in retail-related scams.
There is one notable exception, however. By 2021, the total number of financial phishing attempts targeting online payment systems will more than double from September (627,560) to October (1,935,905 – a 208 percent increase. “New payment systems have been introduced in several countries this year due to their unparalleled convenience.” “As consumer adoption skyrocketed, fraudsters began to actively exploit such systems as a lure to spread malicious activity,” Kaspersky said.
The researchers also analyzed which popular platforms were used as bait to spread phishing pages. The results showed that Amazon was consistently the most popular bait regarding the total number of phishing attempts using the company name. eBay is the second most abused company name, followed by Alibaba and Mercado Libre.
To protect your data and finances from phishing attacks, it is good practice to ensure that the online payment page is secure. This is the case if the web page URL starts with HTTPS instead of the usual HTTP, and a lock icon usually appears next to the URL as well.