What is the cost of phishing attacks?
Phishing is the most prevalent and impactful form of cyberattack. Every year, organizations spend billions of dollars responding to incidents and data breaches caused by spear phishing attacks. But for an individual organization, quantifying that potential impact of a spear phishing attack beforehand can be difficult. This can often lead to underinvestment in crucial security initiatives, leaving the organization exposed.
The Cost of Phishing Susceptibility model is a resource that helps security leaders easily quantify the cost of phishing attacks while showing how that cost can be substantially lowered by reducing the organization's vulnerability to phishing.
The model compares an organization's size and Phishing Susceptibility Rate (PSR) with 19 additional factors to generate a credible, data-driven quantification of the cost of phishing attacks. The model is used by simply entering the organization's number of employees and it's PSR. All factors used in the model are visible.
Some of the factors include:
- Spam emails reaching inboxes every day
- Phishing attacks reaching inboxes daily
- Rate of compromises due to phishing attacks
- Costs to respond to incidents
- Data breach costs
Fill out the form to the right find out how much phishing attacks may cost your organization.