Social engineering is having a notable impact on organizations across a range of industrial sectors in the U.S.
In fact, 60% of surveyed security leaders say their organizations were or may have been victim of at least one targeted social engineering attack in the past year, and 65% of those who were attacked say that employees’ credentials were compromised as a result of the attacks, according to Agari. In addition, financial accounts were breached in 17% of attacks.
Social engineering attacks, which rely on human interaction and fraudulent behavior to trick people, are the fastest growing security threat for enterprises today. While traditional attacks leverage technology-based system vulnerabilities, such as software bugs and misconfigurations, social engineering attacks take advantage of human vulnerabilities by using deception to trick targeted victims into performing harmful actions.