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Published
In May, cyber weather saw rainy skies due to scam calls and several vulnerabilities. A considerable increase in report volumes on social media account breaches also caused stormy weather.
Increase in report volumes on social media account breaches
In May, there was a big increase in reports on social media account breaches. In May, there was an increase of around 300 per cent in reports compared to the average in the beginning of the year. Double scams were also observed. In these scams, a person receives several text messages or phone calls with a warning that their money is at risk and instructions to transfer the money to a secure account.