{"id":351370,"date":"2025-02-21T20:11:51","date_gmt":"2025-02-21T14:41:51","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=351370"},"modified":"2025-02-21T20:11:51","modified_gmt":"2025-02-21T14:41:51","slug":"98-of-business-leaders-cant-spot-a-phishing-scam-tech-co-report-reveals","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/98-of-business-leaders-cant-spot-a-phishing-scam-tech-co-report-reveals\/","title":{"rendered":"98% of Business Leaders Can&#8217;t Spot a Phishing Scam Tech.co Report Reveals"},"content":{"rendered":"<header>\n<div class=\"bw-release-subhead\">\n<ul class=\"bwlistdisc\">\n<li><b>98%\u00a0<\/b>of senior leaders are\u00a0<b>unable to identify all the signs of phishing<\/b><\/li>\n<li><b>Phishing attacks<\/b>\u00a0accounted for 40% of the total data breaches affecting businesses in 2024<\/li>\n<li>Additionally, nearly a fifth (19%) of respondents were\u00a0<b>unable to correctly define two-factor authentication<\/b><\/li>\n<\/ul>\n<\/div>\n<\/header>\n<div class=\"bw-release-body  \">\n<p class=\"bw-release-timestamp\">AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;New data from Tech.co\u2019s 2025\u00a0Impact of Technology on the Workplace\u00a0Report\u00a0has revealed that\u00a0<b>98% of senior leaders are<\/b>\u00a0<b>unable to correctly identify all the signs of phishing.<\/b><\/p>\n<div class=\"bw-release-story\">\n<p id=\"pull-quote\" style=\"text-align: center;\"><span style=\"font-size: 14pt;\">\u201cOur research should be a wake up call for anyone who thinks they understand the risks of cybercrime to their business. With so many respondents failing to spot the basic fundamental signs of a phishing attempt, it&#8217;s no wonder that such an attack can be so successful. \u201d<\/span><a id=\"tweet-pull-quote\" href=\"https:\/\/www.businesswire.com\/news\/home\/20250220627260\/en\/98-of-Business-Leaders-Cant-Spot-a-Phishing-Scam-Tech.co-Report-Reveals#\"><\/a><\/p>\n<p>Tech.co surveyed 1036 US business leaders to find out if they could correctly identify common features of a phishing email, these included:<\/p>\n<ul class=\"bwlistdisc\">\n<li>Spelling and grammar mistakes<\/li>\n<li>Receiving from an unknown sender<\/li>\n<li>Asking for sensitive information<\/li>\n<li>Tone of urgency or threat<\/li>\n<\/ul>\n<p><span class=\"bwuline\">Business leaders can\u2019t spot basic scam signs<\/span><\/p>\n<p>A third of business leaders (33%) did not identify receiving from an unknown sender as a possible flag, while a shocking 47% weren\u2019t able to identify a tone of urgency or threat as a feature.<\/p>\n<p>Phishing attacks accounted for\u00a0<b>40% of the total data breaches affecting businesses in 2024<\/b>, up by<b>\u00a023%<\/b>\u00a0in 2023.<\/p>\n<p>The survey also found that\u00a0<b>nearly a fifth (19%) of respondents were unable to correctly define two-factor authentication<\/b>, a fundamental security measure.<\/p>\n<p>The findings reveal a concerning lack of cybersecurity education from senior leaders. The global average cost of a data breach in 2024 was\u00a0<b>$4.88M<\/b>, 10% higher than the previous year.<\/p>\n<p><strong>Editor of Tech.co, Jack Turner, comments: <\/strong><i>\u201cOur research should be a wake up call for anyone who thinks they understand the risks of cybercrime to their business. With so many respondents failing to spot the basic fundamental signs of a phishing attempt, it&#8217;s no wonder that such an attack can be so successful.<\/i><\/p>\n<p><i>Vigilance and training is key, but our research proves that cybersecurity education should apply to every role, from the intern to the CEO.\u201d<\/i><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>98%\u00a0of senior leaders are\u00a0unable to identify all the signs of phishing Phishing attacks\u00a0accounted for 40% of the total data breaches affecting businesses in 2024 Additionally, nearly a fifth (19%) of respondents were\u00a0unable to correctly define two-factor authentication AUSTIN, Texas&#8211;(BUSINESS WIRE)&#8211;New data from Tech.co\u2019s 2025\u00a0Impact of Technology on the Workplace\u00a0Report\u00a0has revealed that\u00a098% of senior leaders are\u00a0unable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14083],"tags":[],"class_list":{"0":"post-351370","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-technology-industry-news"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/351370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=351370"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/351370\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=351370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=351370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=351370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}