In this Help Net Security video, Alex Paquette, COO at Ironscales, discusses the impact in terms of the time and energy required to defend against the never-ending and ever-evolving onslaught of phishing attacks.
A recent study conducted by Osterman Research found that IT and security teams spend one-third of their time handling phishing threats every week. 70% of organizations spend 16-60 minutes dealing with a single phishing email message.
Almost half of the respondents state that phishing is spreading to tools beyond email, including messaging apps (57 percent), cloud-based file sharing platforms (50 percent) and text messaging services (49 percent).
Source: https://www.helpnetsecurity.com/2022/11/28/phishing-attacks-impact-video/