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(4/7) Workers Increasingly Likely to Fall for ‘Advanced’ Phishing Attacks, Firm Says

By Joanne Kaldy / April 7, 2022

In a new survey, more than one-fourth of workers say they were victims of a phishing attack in the past year. Among other findings:

  • Respondents were more likely to fall for an advanced phishing attack than they were two years ago.
  • 52% say they fell for an attack because the cybercriminal pretended to be a senior executive. This is up from 41% in 2020.
  • 21% of workers say they didn’t report their mistake to their IT department. This is up from 16% in 2020, suggesting that employees are more fearful of the potential for harsher consequences.

Cybercrime is not only more common; it’s also more expensive. For instance, average ransomware payments increased by 78% in 2020 to more than $500,000.  At the same time, in 2020 the FBI received nearly 250,000 complaints about phishing scams involving losses of over $54 million.

It is important to provide ongoing education and training about cybersecurity in your organization. At the same time, make sure your culture encourages people to report incidents without fear of retribution.

Read the full article.

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