If you thought phishing emails were going away anytime soon, think again. According to Symantec’s July Intelligence report, “one in every 1,968 emails” during the 31-day month was a malicious phishing message – the highest rate in the past 12 months. Similarly, a recently released study by Accenture ranked “sophisticated phishing campaigns” as the second most notable threat currently facing the enterprise.
Thankfully, many organizations have begun to take the phishing epidemic more seriously, as evident by the significant increase in spend on phishing awareness and training programs and simulations. In total, the analyst firm Cybersecurity Ventures projects that “global spending on security awareness training for employees is predicted to reach $10 billion by 2027.”