Phishing Activity Trends Reports

The Phishing Activity Trends Report analyzes phishing attacks reported to the APWG by its member companies, Research Partners and from the general public via reportphishing@apwg.org and apwg.org's reporting pages. APWG Trends also measures the evolution and propagation of cybercrime by drawing from research by our member companies.

Summary – 3rd Quarter 2025

  • In the third quarter of 2025, APWG observed 892,494 phishing attacks, down from 1,130,393 in Q2 2025. [pp. 3-4]
  • SMS-based fraud increased by nearly 35% in Q3. [p. 4] • Phishers targeted the SaaS/Webmail and the Social Media sectors most frequently. [pp. 4-5]
  • Total wire-transfer BEC attacks in Q3 2025 increased by 57% compared to Q2. The average amount requested was $48,115, a 42% decrease from the prior quarter’s average of $83,099. [pp. 7-8] 
  • During Q3 2025, Mimecast detected 716,306 unique malicious QR codes used for phishing, up 13% from 635,672 in Q2. The manufacturing was the sector most often attacked with malicious QR codes. [pp. 5-7]

     

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