1、 4th Quarter 2025 Activity October-December 2025 Published 18 February 2026 Unifying the Global Response To Cybercrime P PHISHING HISHING A ACTIVITY CTIVITY T TRENDS RENDS R REPORTEPORT Phishing Activity Trends Report 4th Quarter 2025 www.apwg.org infoapwg.org 2 Phishing Activity Trends Report,4th Q
2、uarter 2025 Table of Contents Statistical Highlights 3 Most-Targeted Industry Sectors 4 Social Media Threats 5 QR Code Attacks 8 Business Email Compromise 11 APWG Phishing Trends Report Contributors 14 About the APWG 15 2025 in Review:Scams Explode via Social Media,SMS,Email,QR Codes Phishing Report
3、 Scope The APWG Phishing Activity Trends Report analyzes phishing attacks and other identity theft techniques,as reported to the APWG by its member companies,its Global Research Partners,through the organizations website at http:/www.apwg.org,and by e-mail submissions to reportphishingapwg.org.APWG
4、measures the evolution,proliferation,and propagation of identity theft methods by drawing from the research of our member companies and industry experts.Phishing Defined Phishing is a crime employing both social engineering and technical subterfuge to steal consumers personal identity data and finan
5、cial account credentials.Social engineering schemes prey on unwary victims by fooling them into believing they are dealing with a trusted,legitimate party,such as by using deceptive email addresses and messages,bogus web sites,and deceptive domain names.These are designed to lead consumers to counte
6、rfeit Web sites that trick recipients into divulging financial data such as usernames and passwords.Technical subterfuge schemes plant malware onto computers to steal credentials directly,often using systems that intercept consumers account usernames and passwords or misdirect consumers to counterfe