Nearly three-quarters of firms fell victim to phishing attacks in 2017

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The battle against phishing attacks is still very much on, with a majority of enterprises experiencing such attacks in 2017, according to a new report from security company Wombat Security Technologies.

As part of its research, Wombat evaluated data from tens of millions of simulated phishing emails sent over a 12-month period from Oct. 1, 2016 to Sept. 30, 2017, and a third-party survey of 3,000 information security professionals and end users in the U.S., U.K., and Germany to gain a better understanding of the impact of phishing.

About three quarters (76 percent) of organizations experienced phishing attacks in 2017, and nearly half of information security professionals said the rate of attacks increased from 2016. The impacts of phishing were also more broadly felt than in 2016, with a more than 80 percent increase in reports of malware infections, account compromise, and data loss related to phishing attacks.

Another key finding of the report is that there is continued momentum for anti-phishing education. For the fourth consecutive year, Wombat saw an increase in the number of organizations that assess and train their users on phishing avoidance. There is also increased use of computer-based training, with the number of organizations using such training rising from 62 percent in 2016 to 79 percent in 2017.

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