Attacks contributed to an increase in compromised credentials by more than 70% in 2018 (Image: Shutterstock).

The bad news is 83% of global infosecurity respondents experienced phishing attacks in 2018; the good news is nearly 60% saw an increase in employee detection following security awareness training.

In its fifth annual State of the Phish Report, Sunnyvale, Calif.-based security firm Proofpoint revealed in 2018 the effects of phishing were significant – attacks contributed to an increase in compromised credentials by more than 70% in 2018. For the first time, compromised accounts bypassed malware infections as the most commonly identified result of successful phishing attacks.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).