Targets of phishing attacks: The bigger fish to fry

Phishing attacks are one of the most common forms of information security threats. Previous research indicates that users with higher educational levels are less susceptible to phishing attacks. The paper's goal is to investigate the occurrence of phishing attacks in European countries, considering the educational level of individuals. Fuzzy clustering has been used for grouping European countries according to the educational level of individuals and the occurrence of phishing attacks. Contrary to the rationale that more educated users are less susceptible to internet fraud, the results indicate that these individuals are more susceptible to phishing attacks.