Phishing attacks remain a significant threat to organizations. According to the data presented by the Atlas VPN team, based on the survey conducted by Egress with 500 cybersecurity leaders, 92% of organizations were victims of phishing in the past 12 months, and 86% experienced negative consequences as a result.
The most commonly reported fallout from phishing attacks was financial losses from customer churn. Overall, 54% of surveyed organization leaders said they lost customers and revenue due to successful phishing attacks.
A company’s reputation, which may have taken years or even decades to build, can be irreparably damaged in just seconds due to a single security breach. Reputational damagewas reported by 47% of organizations that were impacted by phishing attacks in the last 12 months.
Moreover, over a fourth (27%) of organizations underwent lengthy remediations, while nearly a tenth (9%) faced legal repercussions.
However, phishing incidents did not only have repercussions for the victim organizations but also for the employees involved. In 30% of cases, the employees were disciplined as a result of the successful phishing event, while 22% of organizations reported that the employee was dismissed. In 18% of instances, employees left voluntarily.
72% of cybersecurity leaders express concern over AI’s use in phishing emails
Phishing has become an increasingly sophisticated cyber threat as cybercriminals continue to evolve their tactics. With the advancement of AI technology, there are concerns it may be misused to create more sophisticated cyberattacks.
Specifically, 72% of cybersecurity leaders are expressing worries about the use of AI in email phishing attacks. Cybersecurity leaders within financial organizations are the most alert about AI’s use to craft phishing campaigns — 80% showed concern.
These concerns arise from the potential for AI to automate the phishing process, which can make attacks more efficient and scalable. Additionally, AI can create highly sophisticated and personalized phishing emails that are difficult to detect using traditional security systems. The use of deepfake technology to add video and voice capabilities to phishing attacks can make them even more dangerous.
To read the full article, head over to: https://atlasvpn.com/blog/survey-92-of-organizations-fell-victim-to-phishing-in-the-past-12-months






Guest Post: Over 40% of people believe AI will replace their job
Posted in Commentary with tags Atlas VPN on March 22, 2023 by itnerdThe rise of artificial intelligence (AI) has sparked both excitement and fear in the workforce.
According to the data presented by the Atlas VPN team, 42% of people believe that AI will replace jobs in their area of work. Despite that, many people have favorable emotions when thinking about AI, while some also express negative feelings towards AI technology.
About 2 out of 5 people (42%) perceive that AI will either replace jobs or perform key aspects of their work. AI tools already help automate tasks, collect and analyze data, create graphic designs, or handle basic customer queries.
However, a similar percentage (39%) of people disagree that AI will overtake their work. Some jobs still require a physical intervention of a person and, at the moment, can not be replaced by AI.
Nearly a fifth (19%) of the respondents felt neutral about AI replacing them in their work. Some people may not be fully aware of the extent to which AI could automate their tasks.
Cybersecurity writer at Atlas VPN, Vilius Kardelis, shares his thoughts on AI replacing people’s jobs:
“As AI progresses, there is no denying that it will significantly impact the workforce. As we move forward, it will be crucial to strike a balance between innovation and ethical considerations to ensure that AI is used for the betterment of society.”
More optimism than fear
While some individuals may feel optimistic about the benefits of AI, others may feel anxious.
About two-thirds (67%) of people feel optimistic about the benefits AI can bring to society. In addition, 60% of respondents express excitement about AI technology.
Almost three out of five (57%) people feel relaxed about the future of AI. At the same time, 48% and 47% of respondents express worry or even fear regarding AI’s impact on humanity. Moreover, a quarter (24%) of people are outraged by AI applications.
To read the full article, head over to: https://atlasvpn.com/blog/over-40-of-people-believe-ai-will-replace-their-job
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