Phishing scams have become an all-too-common threat. Through spear fishing, vishing and other forms of social engineering, cybercriminals trick business owners and employees into disclosing sensitive information like credentials and passwords, eventually resulting in data breaches and ransomware installations on a business’s network. According to Accenture, 43% of cyberattacks are aimed at small businesses. But why have these attacks become so prevalent and so successful?
Macro trends have pushed workplaces to permanently adopt a hybrid model. This has cemented an expanded attack surface for cybercriminals to penetrate. Combine this with the fact that more than 80% of data breaches result from human error —
and employees who work from home are more susceptible to these errors —
and it has created an ideal scenario for scammers. Companies of all sizes are at heightened risk in the post-pandemic world.