Employee personal data has long been recognized as a vulnerable threat vector for modern enterprise cybersecurity. However, even though more employees than ever avail themselves of identity theft and credit monitoring services, their employers are rarely any safer.
While employees are increasingly concerned about personal identity security, the incidence of both identity theft and phishing attacks continues to soar. The number of identity theft cases more than tripled since 2018, and phishing attacks grew by a whopping 350% during the COVID-19 quarantine. Crucially, 38% of respondents in a recent study said their coworker fell victim to a phishing attack within the last year.