Joe Ferrara | September 25, 2014

Phishing is a Threat to the Economy

As CEO of a leading cyber security education company, I continue to be shocked by the increasing number of successful phishing attacks and what this means to the long-term health of our economy. According to the Anti-Phishing Working Group, phishing attacks worldwide have been reaching all-time highs, and the fraudsters continue to go where the money is. Payment services account for 47% of phishing email subjects, while other financial services firms are at 20% and the retail/service sector 11%.

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