Lost or compromised records cost a business on average $1-2 per record. Phishing is serious business.
In damages, according to a 2022 phishing report.
APWG reports the average cost of a data breach in 2023 was $4.88 Million.
Ponemon reports that 31% of data breaches came from phishing or compromised credentials.
According to Symantic, smaller organizations see a higher rate of phishing attempts (1 in 323 emails) as compared to larger organizations (1 in 823).