Cofense Releases Annual Phishing Report; Flips Myth that Employees Are the Weakest Link in Cyber Defense
Record-breaking 20 million active phishing Reporters and 100+ million phishing simulations inform extensive study
Simulation frequency, relevance and employee reporting form resiliency trifecta
Leesburg, Va. – Oct. 30, 2019 – Armed with data generated by millions of real people, along with intelligence collected from more than 10 million phishing simulations delivered every month, the 2019 CofenseTM Annual Phishing Report, released today, sheds a light on employees’ susceptibility to fall for attacks and organizations’ phishing resiliency – a measure that tracks behavioral change from clicking phishing emails to active defense through reporting. Contrary to popular belief, employees are a powerful force that play a pivotal role in an enterprise’s phishing defense strategy. In fact, when properly conditioned to recognize and report attacks through regular and relevant phishing simulations, organizations are more likely to successfully defend against attacks designed to compromise customer information, steal intellectual property or destroy company data and IT infrastructure.
Cofense, the global leader in intelligent phishing defense solutions, has equipped more than twenty million people in organizations across the globe to report suspicious emails through Cofense ReporterTM, an easy to use, one-click email toolbar button.
“Security practitioners need to repudiate the common misconception that end users are the weakest link in organizational defense,” said Aaron Higbee, cofounder and chief technology officer, Cofense. “In fact, employees are the last and ultimate line of defense. With more than twenty million people across the globe empowered to flag potential attacks through Reporter, Cofense is helping thousands of organizations turn their workforce into highly tuned human sensors adept at reporting suspicious emails that frequently bypass security technologies.”
The research reveals three distinct best practices help organizations strengthen their resiliency and empower their users to become active defenders against attacks:
- Reporting: Organizations that arm their workforce with a straightforward and easy way to report suspicious emails exhibit strong phishing resiliency rates; in simulation exercises, their end users report phishing emails more than twice as often as they fall for the bait.
- Frequency: Regular phishing simulations significantly improve reporting rates and drive down users’ susceptibility to fall for phishing attacks. Organizations that run 12 or more simulations per year have twice as higher resiliency rates compared to those running fewer than 12.
- Relevance: Simulations that imitate real phish seen in the wild lead to markedly higher reporting rates and lower susceptibility rates amongst end users compared to organizations that randomly select phishing scenarios.
The ultimate pay-off of high organizational resiliency materializes when SOCs transform reported emails they receive into actionable intelligence. When well-positioned to prioritize and analyze employee-reported emails, SOCs can quickly and efficiently cut through the noise and neutralize a threat in minutes.
Report Available Now
To download the Cofense Annual Phishing Report, visit: http://phish.me/4zMY30pNtFt. Additionally, Cofense will also host a free webinar on November 12, 2019 at 2:00 p.m. EST.
CofenseTM, formerly PhishMe®, the leading provider of intelligent phishing defense solutions worldwide, is uniting humanity against phishing. The Cofense suite of products combines timely attack intelligence sourced from employees, with best-in-class incident response technologies to stop attacks faster and stay ahead of breaches. Cofense customers include Global 1000 organizations in defense, energy, financial services, health care and manufacturing sectors that understand how changing user behavior will improve security, aid incident response and reduce the risk of compromise.