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Main Electronic mail Phishing Stats & Examples from 2020
Threat Administration
Discover the necessity for going past built-in Microsoft 365 and Google Workspace safety primarily based on e-mail threats detected in 2020.
By: Development Micro
March 31, 2021
Learn time: ( phrases)
As troves of staff moved to work-from-home (WFH) set ups, extra emails have been despatched than ever—306.4 billion of them per day to be exact. Development Micro™ Cloud App Safety found 16.7 million high-risk e-mail threats along with these detected by built-in Microsoft 365 and Google Workspace safety. This annual report discusses why you have to transcend native safety to correctly shield your group.
With an inflow of distant staff because of the pandemic, gaps in cloud safety have been exploited. Cybercriminals not solely leveraged blind spots in e-mail companies’ built-in safety, however additionally they took benefit of the concern surrounding the pandemic—within the first 5 months of 2020, 92% of all cyberthreats have been spam or phishing emails.
Sadly, built-in safety for standard e-mail companies, like Microsoft 365 and Google Workspace, is solely not sufficient to cease malicious emails from infiltrating enterprises. In 2020 alone, Cloud App Safety detected and blocked greater than 16.7 million high-risk e-mail threats along with these found by e-mail companies’ built-in safety—a notable 32% improve from the earlier 12 months. Illustrating this clearly, in a single group with 10,000 Microsoft 365 customers, Cloud App Safety found over 755,000 high-risk e-mail threats missed by the built-in safety. That’s 75 high-risk emails per person that slipped by way of Microsoft’s native scanning.
Malware and phishing threats are on the rise.
Whereas distant staff traded enterprise informal for sweats, credential phishing assaults elevated in sophistication and elevated by 14%.
Electronic mail companies like Microsoft 365 have been routinely focused; Cloud App Safety service detected and blocked greater than 314,000 credential phishing assaults from one group with 10,000 Microsoft 365 customers.
BEC: Much less doesn’t imply higher.
Though enterprise e-mail compromise (BEC) makes an attempt declined by 18%, they nonetheless proved to be pricey for enterprises. A report from the Anti-Phishing Working Group (APWG) famous that losses related to BEC continued to rise, from US$54,000 to US$80,183 throughout 2020. Notable BEC victims embrace Puerto Rico’s authorities, which value them $4.2 million over two months.
Advanced assaults = complicated answer? Suppose once more.
Cybersecurity leaders ought to use a multilayered safety answer that dietary supplements the built-in security measures in e-mail platforms like Microsoft 365 and Google Workspace. SaasS-based options like Cloud App Safety are simple to setup, and use refined methods like machine studying (ML) and prolonged detection and response (XDR) capabilities to raised shield your enterprise from threats.
Study extra concerning the info and figures of e-mail threats for 2020 in addition to mitigation methods in our annual report.
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