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 1. 2023 email security trends

2023 email
security trends
The prevalence, impact, and cost of email-based cyberattacks on organizations
around the world.
GET THE REPORT NOW

2023 email security trends

GET THE REPORT NOW


IMPACT OF EMAIL THREATS

Based on market data from 1,350 IT decision makers this report explores the
latest email security trends, types of risks and their impact faced by
organizations around the globe today.
75%
of organizations experienced successful email attack in 2022.

$1,000,000
was the cost of an email attack in 2022.
98%
of organizations are not fully prepared to deal with security risks.

1 in 4
organizations increased their email security spend.


SUCCESSFUL EMAIL-BASED ATTACKS FACED BY ORGANIZATIONS IN THE PAST YEAR.

3 out of 4 organizations have been a victim of a successful email attack. Email
remains the No. 1 threat vector and is the preferred method of attack for
cybercriminals. Its popularity is rooted in the high level of success combined
with the low level of effort required to launch the attacks.


IMPACT OF SUCCESSFUL EMAIL ATTACKS ON ORGANIZATIONS.

Downtime, business disruption, and loss of critical business data top the list,
while a third of organizations have reported direct monetary loss to
cybercriminals. Only 2% of respondents said that email attacks had no impact on
their organization.


COST OF THE MOST EXPENSIVE EMAIL ATTACK REPORTED BY ORGANIZATIONS IN THE PAST
YEAR.

The cost of an attack can be devastating for organizations. In fact, 8 in 10
businesses who have experienced an email security incident report they are
costing them more than they did 12 months ago. The average cost of the most
expensive attack is estimated at around $1 million.


ORGANIZATIONS INCREASED SPEND ON EMAIL SECURITY IN THE PAST YEAR.

As email attacks are becoming more sophisticated and harder to detect,
organizations are investing more in security to prevent and respond to such
threats. A full 26% of organizations have increased their budgets for email
security spend.


SECURITY RISKS ORGANIZATIONS ARE NOT FULLY PREPARED TO DEAL WITH

With the high prevalence of email attacks, nearly all 98% still feel under
prepared to deal with them. Around a third 34% feels poorly prepared to deal
with data loss or malware and 28% feel that they are not even prepared to deal
with less complex types of threats such as spam.




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