Security Breach: A Little Social Engineering Goes a Long Way

Cheap but effective phishing, ransomware and spoofing attacks ensure manufacturers are "always touchable."

Recent data from cybersecurity software and services provider Mimecast shows:

  • 96 percent of respondents acknowledge that their organization has faced some form of phishing attack in the past year.
  • This tactic is believed to be responsible for 36 percent of data breaches – with 84 percent of U.S. organizations having reported phishing or ransomware attacks in the past 12 months.
  • The average ransomware payment climbed to $570,000 during the first half of 2021, up more than $200,000 from the previous year.
  • Analysts predict that the frequency of these attacks will rise to one every two seconds.

At the heart of all these attacks is a factor that might be the most responsible for their success or failure – employee knowledge and training on how to avoid and respond to cyberattacks. Joining us to discuss what industrial organizations can do to better arm their employees when confronted by these threats is Joe Tibbets, Senior Director of Technology Alliances & API at Mimecast.

For more information on the work Mimecast does, you can go to mimecast.com.

If you’ve got a cybersecurity story to share or topic you’d like to have us cover, feel free to contact me at jeff@ien.com


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