History of Phishing: How Phishing Attacks Evolved From Poorly Constructed Attempts To Highly Sophisticated Attacks - PhishProtection.com (2024)

The Origins Of Phishing- AOL Attacks in the ’90s

During the 90s, AOL was one of the leading internet service providers and had over a million customers subscribed to their service. This massive popularity of AOL grabbed the attention of hackers. People trading with pirated and illegal software and tools used AOL for their communication. They formed a group called the warez community, thus sowing the first seeds of phishing.

Algorithms To Create Random Credit Card Numbers

Initially, the members of the warez community started stealing user details, including username, password, and other personal information. Using this stolen information and along with an algorithm they developed, they started generating random credit card numbers.

These credit card numbers were used to open new AOL accounts and used for various nefarious purposes like spamming other AOL members. AOL finally put an end to this phishing saga by updating its security measures.

Switching To Impersonation Attacks

With AOL bringing an end to the credit card number racket, hackers started to look for other techniques to trick users. They started using AOL messenger and created spoof e-mails impersonating as AOL employees to message AOL customers.

The messages were meticulously crafted and boasted the same colors, fonts and text used in AOL e-mails. In these fake e-mails, hackers asked people to verify their AOL accounts and other personal information.

Unaware AOL users fell into the trap. The issue intensified as hackers created new AIM accounts and any account created through the internet cannot be banned or suspended by the AOL TOS department.

Finally, AOL sent warning messages and e-mails to its customers, asking them not to reveal their personal information through e-mail and messenger.

History of Phishing: How Phishing Attacks Evolved From Poorly Constructed Attempts To Highly Sophisticated Attacks - PhishProtection.com (2024)

FAQs

How have phishing attacks evolved? ›

As the use of the internet and email grew in popularity, the number of phishing scams increased. Phishing attacks progressed into sending automated campaigns to people to steal their credentials. As time went on, hackers started making the subject of their emails more engaging.

What is the brief history of phishing? ›

As of 2020, it is the most common type of cybercrime, with the FBI's Internet Crime Complaint Center reporting more incidents of phishing than any other type of cybercrime. The term "phishing" was first recorded in 1995 in the cracking toolkit AOHell, but may have been used earlier in the hacker magazine 2600.

How are phishing attacks usually started? ›

Attackers often set up fake websites, which appear to be owned by a trusted entity like the victim's bank, workplace, or university. Via these websites, attackers attempt to collect private information like usernames and passwords or payment information.

Where did the phishing come from? ›

It's thought that the first phishing attacks happened in the mid-1990s, when a group of hackers posed as employees of AOL and used instant messaging and email to steal users' passwords and hijack their accounts.

How is phishing evolving and getting more sophisticated? ›

The state of email security and phishing attacks

Increased attack sophistication makes it harder than ever for traditional cyber security solutions like SEGs, firewalls, and spam filters to detect and mitigate increasingly novel and sophisticated email threats.

Why phishing attacks are increasing? ›

Artificial intelligence, and LLMs in particular, are significantly enhancing the severity of phishing attacks, and we can expect a sharp increase in both the quality and quantity of phishing in the years to come.

What is phishing short summary? ›

In most cases, phishing involves human interaction and manipulation to trick victims into clicking on a malicious link or unknowingly providing information to an attacker.

What is phishing short answer? ›

“Phishing” refers to an attempt to steal sensitive information, typically in the form of usernames, passwords, credit card numbers, bank account information or other important data in order to utilize or sell the stolen information.

What is a famous example of phishing? ›

The Nordea Bank Incident

Dubbed the "biggest ever online bank heist" by digital security company McAfee, Nordea customers were hit with phishing emails containing Trojan viruses that installed a keylogger into the victims' computers and directed them to a fake bank website where hackers intercepted login credentials.

What is the root cause of phishing? ›

Phishing is common for several reasons: Widespread email use: Email is a ubiquitous communication tool, making it easy for attackers to target many users with minimal effort. Phishing can be used in both targeted (spear phishing) and non-targeted attacks, casting a wide net to capture as many victims as possible.

How many attacks start with phishing? ›

Beware of phishing emails

According to reports, 91% of all attacks begin with a phishing email to an unsuspecting victim. On top of that, 32% of all successful breaches involve the use of phishing techniques.

Where do phishing attempts occur? ›

In bulk email phishing, scammers indiscriminately send spam emails to as many people as possible, hoping that a fraction of the targets fall for the attack. Scammers often create emails that appear to come from large, legitimate businesses, such as banks, online retailers or the makers of popular apps.

Who is most affected by phishing? ›

Over 48% of emails sent in 2022 were spam. Over a fifth of phishing emails originate from Russia. Millennials and Gen-Z internet users are most likely to fall victim to phishing attacks.

Why is phishing illegal? ›

If you use the email to trick someone into buying a product or service that is not delivered, or to fund a charitable cause that is not a valid charity, by lying about the outcome to be produced, you are perpetrating a fraud. The phishing email itself become a criminal act.

What does phishing start with? ›

Whether a phishing campaign is hyper-targeted or sent to as many victims as possible, it starts with a malicious message. An attack is disguised as a message from a legitimate company. The more aspects of the message that mimic the real company, the more likely an attacker will be successful.

How cyber attacks have evolved? ›

In the mid-2000s, there was an evolution from hit-and-run strikes to advanced persistent threats (APTs). Cybercriminals used careful strategic plans and extensive campaigns to invade networks, access confidential information and sustain long-term attacks.

Why have phishing attacks increased overtime? ›

As artificial intelligence (AI) continues to advance, cybercriminals are increasingly leveraging this technology to enhance the sophistication and effectiveness of phishing attacks.

How has cybercrime evolved? ›

The rise of cybercrime: organized crime groups

Organized crime groups emerged, operating cohesively to carry out large-scale cyberattacks. These groups have specialized roles and employ advanced techniques to target banks, businesses, governments, and individuals. Notable groups include ShadowCrew, Avalanche, and ZeuS.

Do 90% of cyber attacks start with phishing? ›

More than 90% of successful cyber-attacks start with a phishing email. A phishing scheme is when a link or webpage looks legitimate, but it's a trick designed by bad actors to have you reveal your passwords, social security number, credit card numbers, or other sensitive information.

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