News is breaking regarding the results of the Cofense Phishing Response Trends Report, which suggests that over half of European companies are unprepared for email-based cyberattacks, despite 78 percent of IT professionals having dealt with a security incident originating from a deceptive email. This was significantly lower than the 66 percent in the US that had dealt with a similar incident. Tim Helming, Director of Product Management at DomainTools commented below.
Tim Helming, Director of Product Management at DomainTools:
“These findings from Cofense are worrying but not surprising. Phishing attacks, despite being among the most well-known cybersecurity attack vectors, are still consistently fooling companies and private individuals. This is typified by the news coming from the US last week regarding a phishing campaign on universities which was so effective it didn’t need to change tactics for 4 years. Phishing presents such a concern because it is the spark that ignites a long line of malicious activity, creating a pipeline of infected systems and accessible data for threat actors to leverage in further criminal campaigns. Companies across Europe and beyond need to engage with stringent educational campaigns around these issues across all levels of an organization.”