This research report provides a 2025 outlook on phishing, spotlighting how human error continues to be the primary vulnerability. It analyzes phishing trends, attack volumes, and evolving lures, showing how criminals target individuals through email, SMS, and collaboration platforms. The document emphasizes the disproportionate targeting of high-risk employees and executives, referred to as Very Attacked Persons (VAPs). It recommends combining advanced detection, user training, and identity-based defense strategies to mitigate risks. The report concludes that strengthening human resilience is as critical as technical controls.

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