India sees 135,173 financial phishing attacks in H1 2024, says study

Organisations and businesses in India faced 135,173 phishing attacks related to financial matters—e-commerce, banking, and payment systems—for the period from January to June 2024.

The number of attacks rose 175 per cent compared to the same period last year, driven by increased digital adoption and the use of artificial intelligence and automation by threat actors to create convincing content and target victims more effectively, said a report by Kaspersky, a global cybersecurity and digital privacy company.