source: https://hoxhunt.com/guide/phishing-trends-report#failure-rate-improvement-by-industry
The total volume of phishing attacks has skyrocketed by 4,151% since the advent of ChatGPT in 2022, according to SlashNext. At an estimated $4.88M per phishing breach (IBM Cost of a Data Breach Report 2024), social engineers are making billions by being better at making people click than we are at understanding what makes them tick.
As phishing continuously reaches new levels, effective phishing protections and cyber security training models must do the same.The good news is that phishing risk can be measurably reduced when phishing training is based on behavior.
We often think big companies are the main targets. Turns out, it’s usually small businesses—they’re more vulnerable and often the low-hanging fruit. That’s why cybersecurity shouldn’t be optional; it should be the baseline for every business.