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Global Cybercrime Onslaught: Phishing Attacks on the Rise

A staggering 8 out of 10 companies worldwide have fallen victim to cyber attacks, with phishing being a leading cause of sensitive information loss and financial fraud. According to a recent study, the annual cost of cybercrime is expected to reach $6 trillion by 2029.

Phishing: The Silent Killer


In 2022 alone, over 300,000 new phishing sites were detected worldwide, with the majority targeting small and medium-sized businesses. Phishing attacks have become increasingly sophisticated, with attackers using social engineering tactics to trick employees into revealing sensitive information.

Obstacles to Preventing Phishing Attacks


Despite the growing threat of phishing, many companies are struggling to prevent these attacks. A recent survey found that over 70% of organizations lack adequate cybersecurity training for their employees, making them more vulnerable to phishing scams.

Causes of Sensitive Information Loss


So, what’s causing this sensitive information loss? According to experts, employee mistakes and lack of awareness about cyber threats are major contributing factors. Additionally, the increasing use of personal devices for work purposes has also led to a rise in cyber attacks.

Global Biggest Cybersecurity Threats


Looking ahead to 2023, CISOs (Chief Information Security Officers) have identified phishing as one of the top cybersecurity threats. Other notable threats include ransomware, malware, and data breaches.

Key Takeaways


  • 8 out of 10 companies worldwide have fallen victim to cyber attacks
  • Phishing is a leading cause of sensitive information loss and financial fraud
  • Employee mistakes and lack of awareness are major contributing factors to cyber attacks
  • Phishing attacks are becoming increasingly sophisticated
  • CISOs have identified phishing as one of the top cybersecurity threats for 2023

Stay Ahead of the Threat


To combat these growing cyber threats, it’s essential that companies prioritize employee training, implement robust cybersecurity measures, and stay informed about emerging threats. With the stakes so high, there’s no room for complacency in the fight against cybercrime.

Get Access to More Statistics


For more insights into the world of cybercrime, including statistics on phishing attacks, sensitive information loss, and cybersecurity budgets, consider upgrading to a Statista account. Our Premium Statistics offer unparalleled access to exclusive data and analysis, helping you make informed decisions about your business.