“Phishing you say, well that’s not my problem.”

Yes, I heard this at a meeting with the CISO of a well-known establishment just the other day. This was a commonly held belief, just a few years ago, and by many that are now eating crow. When do you recognize that Phishing is ‘Your’ problem and could be a costly one at that to ignore?  Efforts to help customers and employees learn how to self-protect and not become victims of deception are important, but not nearly enough.  Google did some research that showed 45% of folks are still fooled by the best phishing scams – having their accounts hacked within 30 minutes. According to the report, even the least successful of phishing scams, with success rates of around 3%, can be very dangerous when targeting millions with phishing emails. Protecting your brand from the results of phishing threats (i.e., costly data breaches, wide-spread system infiltration, and unauthorized transactions) bears a greater responsibility. It requires an ongoing effort to identify and overtake attackers, and shutdown malicious services before you suffer what could be crippling losses.

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