In 2016, American businesses suffered half a billion dollars a year in losses from phishing attacks with the average cost at $1.6 million each. These numbers are alarming evidence that just one click can cause significant financial and reputational damage to your brand. And since studies show that a staggering 30 percent of phishing emails get opened, it’s no wonder that they consistently rank as the top cyberattack vector. Despite being one of the oldest cyberattacks in the book, phishing remains so popular because it’s a highly effective means of exploiting the weakest link in the cybersecurity chain: humans. To… [Continue Reading]
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