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You must equip your staff with the knowledge to recognize phishing attempts, socialengineering ploys, and other common cyber threats through regular, targeted training sessions. of revenue in the food and beverage industry by 2027. You also need a clear and well-practiced incident response plan in place.
Furthermore, it’s estimated that this sum will increase to nearly $24 trillion by 2027. With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a socialengineering attack, education and cyber vigiliance remain a high priority. You should always stop and verify.
Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. every year until 2027, pointing to rapid progress and investment in AI-based security. Generative AI Impact : Generative AI will have a big role in cyber security, especially in areas like email protection and fighting socialengineering attacks.
In this research, we analyze various types of threats, such as financial malware and phishing pages mimicking the world’s biggest retail platforms, banking and payment systems, and discuss recent trends. Over the first ten months of 2022, Kaspersky prevented 38,596,555 financial phishing attacks. Methodology. Key findings.
billion during 2020-2027, with a compound annual growth rate of 16.1%. The exponential surge in the application security market over the forecast period is mainly driven by the increase in the cyber-attacks like phishing and ransomware which have caused severe data and financial losses over the past years. . billion by the end of 2027.
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