In-depth comparisons explaining the critical differences between broad phishing campaigns and highly targeted spear phishing attacks. This tag covers how attackers research specific victims, craft personalized lures, and exploit trust relationships, along with tailored defense strategies for each threat type.
posts
In 2023, a single spear phishing email cost MGM Resorts an estimated $100 million in losses. The attacker didn't blast a million inboxes with a generic "Your account has been suspended" message. They researched an employee on LinkedIn, called the IT help desk impersonating that person,
A $37 Million Wire Transfer Started with One Email In 2024, a finance employee at a multinational firm joined what appeared to be a legitimate video call with the company's CFO. It was a deepfake. The attackers had spent weeks gathering intelligence — org charts, communication styles, ongoing projects
In January 2024, a finance employee at engineering firm Arup wired $25 million to threat actors after a deepfake video call that impersonated the company's CFO. That attack didn't start with a mass spam blast. It started with a carefully researched, individually targeted spear phishing email.
In March 2022, the FBI's Internet Crime Complaint Center reported that business email compromise — a form of spear phishing — caused $2.4 billion in adjusted losses in 2021 alone. That dwarfs every other cybercrime category. Meanwhile, broad phishing campaigns still top the list as the most common attack
In 2020, Twitter lost control of 130 high-profile accounts — including Barack Obama, Elon Musk, and Apple — because a 17-year-old used spear phishing to trick a handful of Twitter employees into handing over internal credentials. The attackers didn't blast a million inboxes with a generic "Your account has
In 2023, a single spear phishing email cost MGM Resorts an estimated $100 million in losses and recovery. The attacker didn't blast out a million generic messages — they researched one employee, crafted one convincing message, and made one phone call to the help desk. That's the
