New figures published by Vade Secure show that phishing attacks involving the impersonation of social media platforms rose by almost 75% in the first quarter of this year. The increase was mostly driven by a surge in attacks impersonating Facebook and Instagram.
Despite a 4.5% decline in attacks, Microsoft remained the most impersonated brand, while a 87.6% surge in PayPal impersonations propelled it to second place, before Netflix, Facebook, and Bank of America. The researchers noted that phishing attacks are becoming more and more sophisticated.
Read more: Social media phishing attacks up more than 70 percent
