- Data breaches surged 186% in breached records and 36% in company breaches as reported in Gen’s Q1 2025 Threat Report.
- Phishing scams increased by 466%, making up 32% of scam reports.
- AI-driven scams are reshaping cybercrime, with a notable rise in fake browser update scams by 17 times compared to last quarter.
Gen (GEN, Financial), a leader in digital security, revealed its Q1 2025 Threat Report, highlighting a massive surge in cybersecurity threats. Breached personal information records skyrocketed by 186% while company data breaches rose by 36%. This alarming trend underscores the rapidly evolving landscape of cyber threats.
Phishing scams have become notably prevalent, increasing by 466% and accounting for 32% of all scam reports. These scams exploit advanced techniques to bypass security filters, creating a serious challenge for digital security efforts.
One of the most significant revelations from the report is the 17x growth in fake browser update scams. This illustrates how quickly cybercriminals can scale their operations and develop new methods to target users effectively.
AI-enhanced scams, including the use of deepfake influencers and AI-generated personas, are increasingly being employed to deceive users. These sophisticated tactics are redefining traditional methods of cybercrime, creating new challenges for cybersecurity experts.
In response to these developments, Gen has successfully protected over 4 million users from emerging threats like Scam-Yourself Attacks, where individuals unknowingly compromise their own devices. This protection effort showcases Gen’s commitment to countering modern cyber threats effectively.
Financially, the report emphasizes a worrying trend with mobile and crypto-related scams. Notably, crypto scams linked to the US presidential inauguration led to nearly $4 million being stolen across over 2,000 transactions. This highlights the intersection between high-profile events, advanced technologies, and financial theft.
Gen continues to innovate in its cybersecurity offerings to meet the growing demand for sophisticated digital protection. Through its brands such as Norton, Avast, and LifeLock, Gen remains a crucial player in ensuring digital safety and combating cyber threats.
Click Here For The Original Source.
