The financial effects of phishing attacks have soared as organizations shift to remote and hybrid work. Phishing attacks now cost large organizations almost $15 million annually, or more than $1,500 per employee. This study breaks down the expense caused by this growing threat and how organizations can mitigate these costs.
The 2021 Ponemon Cost of Phishing Study provides the financial impact of:
- Phishing’s direct and indirect costs
- Malware and credential attacks
- Business email compromise (BEC) and ransomware
- Funds transferred directly to attackers
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