Phishing attacks have always been one of the most popular attacks for cybercriminals. As of lately, attackers have also set their eyes on cryptocurrency theft for greater revenue. According to a report published by PhishLabs, these two attacks have witnessed a huge rise in H1 2021.

Phishing is one of the most basic methods employed by threat actors to steal credentials, compromise organizational networks, and hijack accounts. Furthermore, the rising popularity of cryptocurrencies and subsequent attacks on them, drive home the need for stronger and proactive cybersecurity defenses. The threat landscape is evolving way too quickly and enterprises need to plan appropriately.

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