New Trend Report From IRONSCALES Showcases How Email Phishing Attacks Have Organizations on the Hook

This report verifies that attackers have adopted numerous tools and techniques to circumvent traditional rules-based email security and spam filters.

IRONSCALES, the leader in anti-email phishing technologies, today published its first email phishing attack report called, Trend Report: How Modern Email Phishing Attacks Have Organizations on the Hook. The study, which was commissioned to identify trends in email phishing, such as attacker patterns, current phishing tools & techniques and emerging hacker preferences, analyzed more than 8,500 verified attacks against 500,000 mailboxes at 100 organizations within the financial services, insurance, healthcare and power industries, among others. All companies were located in either Africa, Europe, the Middle East and North America. To download a free copy of the report, visit https://ironscales.com/trendreport2017/.

Phishing has evolved from a mere nuisance into a global epidemic in which organizations of all sizes and across all industries are being negatively impacted at high frequency. In 2016 alone, the SANS Institute revealed that 95 percent of all cyberattacks began with spear-phishing; the Ponemon Institute reported 86 percent of all phishing attacks contain ransomware, and the Anti Phishing World Group (APWG) discovered a 65 percent increase in phishing attacks compared to the previous year, totaling 1,220,523 events worldwide.

Key Findings from IRONSCALES email phishing attack report include:

  • Spear-phishing is increasingly laser-focused – 77 percent of the verified attacks targeted only 10 mailboxes or less while one-third (33 percent) targeted just one single mailbox.
  • Blast campaigns have become micro-targeted – 47 percent of email phishing attacks lasted less than 24 hours…

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