2016 State of the Phish - The Beacon

2016 State of the Phish

2016 State of the Phish

According to a new report from Wombat Security, phishing attacks against businesses are on the rise.

Surveyed Organizations willing to disclose, indicated they have suffered malware infections (42 percent), compromised accounts (22 percent), and loss of data (4 percent). Your BBB® offers information on safer business security practices. Successful business phishing attacks are on the rise, keep growing in number, and level of complexity. Companies will need to conduct Continuous Training to educate employees on cybersecurity, threats and commonly used methods. “Phishing continues to be a highly effective attack vector that is increasingly responsible for a significant percentage of data breaches in the market today,” says Trevor Hawthorn, CTO of Wombat.” “In spite of continued investments in a number of popular security technologies, phishing messages continue to reach end users and can result in serious damages to a company’s critical data and reputation.” The survey reveals that the most popular phishing with the highest click rates include items employees expected to see in their work email such as an HR document, or a shipping confirmation. While employees were more cautious when receiving emails for gift cards and social networking accounts, items like email password change requests had a 28 percent average click rate. Spear phishers go to great lengths to gather information on key people within an organization. Emails personalized with a first name had click rates 19 percent higher than those with no personalization. Click rates also vary between industries. Telecommunications and professional services workers click phishing emails more than those in other industries. Read more:

Download the Full 2016 State of the Phish Report

Read article at BetaNews.com

For more information you can trust, visit bbb.org/evansville.

About the Author

Michael

Michael is our Business Information Specialist and will be writing at least one article per week for the consumer education blog. He works with accredited businesses to ensure we maintain current contact information and licensing. He is usually first to answer the phone; so odds are good you will be speaking with him when calling our office.

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