A Little Social Engineering Goes a Long Way

Security Breach

Recent data from cybersecurity software and services provider Mimecast offers some depth on the rising concerns presented by phishing attacks, with 96 percent of respondents acknowledging that their organization has faced some form of phishing attack in the past year.

Additionally, this tactic is believed to be responsible for 36 percent of data breaches – with 84 percent of U.S. organizations have reported phishing or ransomware attacks in the past 12 months.

And speaking of ransomware, the average 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.

Joining us to discuss what industrial organizations can do in response to these growing 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 [e-mail]

To catch up on past episodes, you can go to Manufacturing.net, IEN.com or MBTmag.com. You can also check Security Breach out wherever you get your podcasts, including Apple, Amazon and Overcast. And if you have a cybersecurity story or topic that you’d like to have us explore on Security Breach, you can reach me at [e-mail].
To download our latest report on industrial cybersecurity, The Industrial Sector’s New Battlefield, click here.