60 Percent of Enterprises Were Breached by Social Engineering Attacks in 2016

A recent survey of more than 200 security leaders at U.S. organizations found that 60 percent of respondents said their organizations were or may have been victims of at least one targeted social engineering attack in the past year.

Sixty-five percent of those attacked said employees’ login credentials were compromised as a result of the attacks, and 17 percent said financial accounts were breached as a result.

The survey, conducted by the Information Security Media Group (ISMG) on behalf of Agari, also found that 89 percent of respondents have seen either a steady pace or an increase in spear phishing and other targeted email attacks in the past year — and 69 percent of those attacks target user credentials.