FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -McAfee estimates that 97% of people around the globe are unable to identify a sophisticated phishing email so the cyber criminals are still successfully tricking people into giving away personal information or downloading malware.

Detailed explanation-2: -Phishing attacks against social media sets rose from 8.5% of all attacks in Q4 of 2021 to 12.5% in Q1 of 2022. Around 65% of cybercriminals have leveraged spear phishing emails as their primary attack vector. In 2021, almost 40% of breaches featured phishing, 11% involved malware, and around 22% involved hacking.

Detailed explanation-3: -According to CISCO’s 2021 Cybersecurity Threat Trends report, about 90% of data breaches occur due to phishing. Spear phishing is the most common type of phishing attack, comprising 65% of all phishing attacks. The 2021 Tessian research revealed that employees receive an average of 14 malicious emails every year.

Detailed explanation-4: -90% of security breaches in companies are a result of phishing attacks. Small and mid-size businesses lose an average of $1.6 million recovering from a phishing attack. Apple is the most frequently impersonated brand by cybercriminals. More than 77% of organizations do not have a cybersecurity incident response plan.