Security News > 2020 > September > Organizations facing surge in phishing attacks since the start of the pandemic

Organizations facing surge in phishing attacks since the start of the pandemic
2020-09-02 04:00

The frequency of phishing threats has risen considerably since the pandemic started, with companies experiencing an average of 1,185 attacks every month, according to a survey from GreatHorn.

The report broke down the realities of how companies have actually fared in the face of phishing attacks throughout the crisis, how time and money budgeted towards cybersecurity efforts has fluctuated during this time and asked participants to assess their levels of awareness and proficiency in identifying and avoiding phishing emails.

Results showed a sharp uptick in the frequency of attempted phishing attacks, a major increase in time allocated towards attack mitigation, removal and additional incident response and highlighted the risks plaguing organizations that don't prioritize employee cybersecurity awareness.

Cybersecurity threats are on the rise - 53% of those surveyed said that they had witnessed an increase in phishing activity since the start of the COVID-19 pandemic.

The survey revealed that, on average, organizations are remediating 1,185 phishing attacks every month.


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