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PHISHING AWARENESS & SIMULATION
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Learn about phishing threats, security awareness best practices, and how to build a stronger security culture in your organization.

12 articles found

Major Incidents

How Fake Invoices Cost Google and Facebook $122 Million: The Largest BEC Scheme in History

Between 2013 and 2015, a single fraudster spoofed Taiwanese hardware giant Quanta Computer to extract $122 million from Google and Facebook. Here is how it happened.

·8 min read
Major Incidents

The 10-Minute Phone Call That Cost MGM $100M: Inside the Scattered Spider Vishing Attack

In September 2023, cybercrime group Scattered Spider bypassed MGM Resorts' multi-factor authentication with a simple phone call to the helpdesk. Total damages: over $100 million.

·9 min read
Major Incidents

Inside Ubiquiti Networks' $46.7M Wire Fraud: How Executive Impersonation Duped Finance

In 2015, wireless hardware giant Ubiquiti Networks transferred $46.7 million into foreign accounts after finance received emails impersonating their CEO and Chief Legal Officer.

·7 min read
Phishing Awareness

The $25.6 Million Deepfake Meeting: How AI-Generated Video Phishing Conned a Multinational Firm

In early 2024, a finance worker in Hong Kong joined a video call with their UK-based CFO and colleagues. Everyone on screen was an AI deepfake. Cost: HK$200 million ($25.6M USD).

·8 min read
Major Incidents

The €50 Million 'Fake President' Scam: When an Austrian Aerospace Giant Fired Its CEO

In 2016, Boeing and Airbus supplier FACC AG transferred €50 million ($54M USD) after an accounting worker received emails posing as the CEO. The CEO and CFO were subsequently fired.

·7 min read
Major Incidents

The $202M Breach from an HVAC Email: How Third-Party Phishing Breached Target

The historic 2013 Target breach exposed 110 million customer credit cards and personal records. It all started when an employee at an HVAC contractor clicked a malicious phishing email.

·8 min read
Phishing Awareness

Barbara Corcoran Lost $388,700 to Phishing: The Danger of a 1-Letter Domain Typo

In 2020, Shark Tank investor Barbara Corcoran was tricked out of $388,700 when her bookkeeper received a fake renovation invoice from a domain that differed by just one letter.

·6 min read
Phishing Awareness

The Oktapus Attack: How SMS Phishing Breached Twilio, DoorDash & 130+ Tech Companies

In 2022, the 'Oktapus' SMS phishing campaign compromised Twilio, DoorDash, and over 130 organizations by sending fake IT schedule notifications that intercepted MFA codes.

·8 min read
Major Incidents

Toyota Boshoku's $37 Million Loss: How Hackers Hijacked Internal Supplier Communications

In August 2019, Toyota Boshoku Corporation lost $37 million when attackers infiltrated vendor email threads and submitted fraudulent electronic payment redirection requests.

·7 min read
Major Incidents

When Phishing Caused a Blackout: The Historic 2015 Ukrainian Power Grid Cyber Attack

In December 2015, hackers cut power to 230,000 Ukrainian residents in freezing winter temperatures. The entry point? A spear-phishing email with a malicious macro attachment.

·8 min read
Major Incidents

Sony Pictures Hack: How Targeted Phishing Emails Triggered a $35M Corporate Meltdown

In 2014, attackers wiped 100 terabytes of data, leaked unreleased films, and crippled Sony Pictures. The breach originated from spear-phishing emails targeting system administrators.

·8 min read
Phishing Statistics

The 2024-2025 Phishing Statistics Report: Shocking Incident Data, Click Rates & Financial Losses

Explore the latest 2024-2025 phishing statistics: 3.4 billion malicious emails daily, 82% human involvement in breaches, and how regular simulation reduces click rates from 34% to 4%.

·9 min read