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September 5, 2014

Majority of businesses “still unaware” of phishing scams

Are you one of them?

By CBR Staff Writer

Phishing attacks continue to pose a significant security risks for businesses and consumers around the world, with only 7% of global business users able to detect them, a report from security specialists McAfee has found.

In addition to a rise in the overall phishing volume, the report also noticed a major rise in the sophistication of the attacks taking place in the wild.

McAfee EMEA CTO Raj Samani said: "As highlighted by our latest report, phishing continues to pose significant security risks for businesses and consumers alike.

"More worryingly, perhaps, is the lack of education around how to spot a phishing email amidst the many emails we’re sent on a daily basis. But phishing is only a small drop in the wider security threat landscape, which is ever-changing and increasingly complex.

"It’s no longer enough to react to threats as and when they happen."

Worryingly, 79% of the 1,755 British participants surveyed were not able to detect even one of seven phishing emails.

Among all departments, research and development (R&D) was able to detect phishing emails with 77% accuracy, followed by IT at 73%.

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New malware samples increased by 1% with over 31 million new samples captured, marking the largest registered in a single quarter.

During the second quarter, the overall mobile malware rose by 17%, while the rate of new malware seems to have stabilised at 700,000 per quarter.

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