The latest report from The Block reveals that the impact of phishing attacks in the first two months of 2024 has been devastating, with losses totaling a staggering $104 million. The intricate and targeted nature of these attacks is evident from the $57.7 million lost in January and the further $46.8 million lost in February. The severity of these financial losses emphasizes the urgent need for heightened cybersecurity measures to combat this ongoing threat.