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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.
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. Market Growth: AI cyber security technology is projected to grow by 23.6%
billion during 2020-2027, with a compound annual growth rate of 16.1%. The severity of the security situation can be assessed from a fact reported by Cybint, a leading international cybersecurity educator, stating that as much as 62% of businesses faced phishing and socialengineering attacks in the year 2018. .
Juniper Research assesses the BNPL user base at 360 million in 2022 and predicts this number to surpass 900 million globally by 2027. The email body employs socialengineering techniques, for instance, to convince the user that they need to update their payment data, or that a lucrative deal awaits them on the phishing site.
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