Gen Q4/2024 Threat Report: Cyber Threats Surge
The Gen Q4/2024 Threat Report highlights a dramatic rise in cyber threats. From October to December, Gen™ blocked 2.55 billion threats—321 every second. The risk of encountering a cyber threat reached 27.7%, with social engineering scams making up 86% of all blocked attacks.
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Scammers Exploit Social Media
Social media remains a hotspot for fraud. Facebook accounted for 56% of all social media-based threats, followed by YouTube (24%), X (10%), Reddit, and Instagram (3% each). Telegram users faced six times more scams than WhatsApp users due to its privacy features.
Key threats included:
- Malvertising (27%) – Fake ads spreading malware.
- Fake e-shops (23%) – Fraudulent stores stealing financial data.
- Phishing (18%) – Scams aimed at stealing passwords and banking details.
Financial Scams Surge
The last quarter of 2024 saw a spike in financial scams:
- Deepfake crypto scams – A major campaign using fake Elon Musk videos stole $7 million.
- Mobile banking trojans – Malware disguised as Visa and dating apps targeted banking details.
- Spyware apps – Malicious “quick loan” apps extorted victims.
Personal Data Under Attack
Attacks targeting personal data increased by 130%. Scam-Yourself attacks tricked users into executing malicious code, leading to fraud. Ransomware attacks also jumped by 50%.
To stay safe, Gen introduced Clipboard Protection across Norton, Avast, and AVG.
Read the full Gen Q4/2024 Threat Report here.
Brought to you by CyberShack.com.au