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Armorblox has released its second annual 2023 Email Security Threat Report, documenting the significant increase in targeted attacks, trends across a broad range of attacks, and highlights the use of language to bypass existing email security controls.
The report, based on data gathered from analyzing over 4 billion emails and stopping 800,000 threats every month, tracks email attacks across threat types such as vendor compromise, business email compromise (BEC), financial fraud, phishing attacks, impersonation attacks, account compromise, and graymail. Findings revealed that in 2022, BEC attacks have increased dramatically by 72% compared to 2021.
Key Highlights in the report also included:
- 58% of account compromise attacks targeted SMBs
- Vendor fraud and supply chain attacks are on the rise – and 53% of these targeted technology organizations
- Security teams can find themselves spending upwards of 27 person hours a week manually sorting and deleting graymail across inboxes
- Education was the leading industry targeted by BEC attacks in 2022, with over 40,000 attacks
You can read the report here.