Beware of Phishing… Get to know their tricks!

Overall cybercrime has been steadily increasing each year, but phishing risk has increased exponentially in the past years. Out-of-control world events, economic challenges, technological advancement, and Dark Web growth have all come together to create ideal conditions for phishing-related cybercrime to thrive – and cybercriminals have been quick to capitalize on that opportunity.

 

Why Phishing is on the top of the list?

More than 60% of cybercriminals use phishing as their primary form of attack. Why? Phishing is cheap and effective. Not only is it the perfect weapon to use against businesses in general, but it’s especially effective against companies that are supporting a remote workforce and relying on email as their primary form of communication.

Phishing is today’s biggest cybersecurity threat. Just one attack can devastate a company – and the chance of a business experiencing a phishing attack has never been higher.

Phishing includes:

  • Credential Theft
  • Social Engineering
  • Spear Phishing and Whaling
  • Business Email Compromise (BEC)
  • Ransomware and Malware
  • Smishing and Vishing

 

Phishing attacks statistics:

  • More than 60% of cybercriminals use phishing as their primary form of attack
  • Over 80% of all cyberattacks are phishing based
  • A new phishing attack is launched every 39 seconds
  • 90% of incidents that end in a data breach start with a phishing email
  • The average duration of business interruption from a cyberattack has increased by around 50%
  • Ransom payment demands increased by more than 30% in the last 12 months
  • In a year-over-year comparison, downtime costs from cyberattacks have climbed by 75%
  • More than 60% of the data available on the Dark Web can harm businesses
  • 43% of remote workers have made cybersecurity errors that endangered their company
  • An estimated 55% of remote workers rely on email as their primary form of communication

 

Rapidly growing cybercrime risks are not slowing down, especially now that more businesses were able to get back on their feet after the devastating pandemic and some have continued embracing the remote working setup. Having the right tool will empower your company to mitigate phishing threats and transform your employees into your biggest cybersecurity asset. Paul Jackson - CEO/Cybersecurity Specialist and his team at Jackson Technologies can provide you with the program that best suits your company's needs in terms of cybersecurity.

Start creating your cyber strategy NOW! Contact us to learn more.