Financial Services Industry Experiences a Massive Increase in Brand Abuse

An industry analysis cites Akamai data showing that financial services are the primary target of phishing and brand impersonation, with 68% of phishing domains and roughly 28% of brand impersonation tied to this sector. The rise is linked to phishing-as-a-service platforms that simplify creating convincing spoofed banking sites, and the piece advocates security awareness training to help users spot socially engineered lures.