Eighty-five percent of all received emails are spam or phishing. Although it may usually seem to simply be an annoyance, the truth is that it can cost businesses thousands of dollars, or even cost the success of the entire business if the business is small enough.
Of course, the cost to businesses is also in time, money, customer retention, and productivity. The problem is that phishing emails are very easy to miss. They can be deceptive and easy to fall for. In fact, 19.8% of employees click phishing links, and 1 in 25 branded emails are phishing attacks.
It’s also difficult to find any restitution for these attacks as only 3 out of every 100,000 cybercrimes are ever prosecuted. Another issue is that 1 in 3 people has no idea how secure their data is.
Employers must take action to properly train employees and to secure their emails and networks. The life of their entire business could be at stake.
Infographic by: avanan