Phishing attacks abusing SaaS platforms see a massive 1,100% growth – BleepingComputer

Threat actors are increasingly abusing legitimate software-as-a-service (SaaS) platforms like website builders and personal branding spaces to create malicious phishing websites that steal login credentials.

According to a new report by Palo Alto Networks Unit 42, researchers have seen a sharp rise in this abuse, with the data collected by the firm showing a massive increase of 1,100% from June 2021 to June 2022.

The advantages of using SaaS for phishing include evading alerts from email security systems, enjoying high availability, and bypassing the need to learn how to code to create websites that appear legitimate.

Also, because SaaS platforms simplify and streamline the process of creating new sites, phishing actors can easily switch to different themes, scale up or diversify their operations, and quickly respond to reports and takedowns.

Services abused for phishing

Unit 42 has divided the abused platforms into six categories: file sharing and hosting sites, form and survey…

Read Full Story: https://www.bleepingcomputer.com/news/security/phishing-attacks-abusing-saas-platforms-see-a-massive-1-100-percent-growth/

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