Proofpoint, Inc., among prominent players in cybersecurity and compliance, unveiled its tenth annual State of the Phish report. It divulges that 83% of employees in the UAE are knowingly jeopardizing their organizations, opening the door to ransomware, malware, data breaches, or financial loss. While globally successful phishing attacks have slightly waned, in the UAE, they are escalating. In 2023, 92% of surveyed UAE organizations fell victim to at least one successful attack, up from 86% the previous year. The repercussions have surged too, with a 44% uptick in financial penalties and a staggering 300% increase in reports of reputational damage.
This year’s findings challenge the conventional wisdom that risky behaviors stem from a lack of cybersecurity knowledge, and that security training alone suffices to curb unsafe actions. There’s a discrepancy between the belief of security professionals that employees grasp their responsibility for organizational security and the reality of employees’ actions, highlighting a gap between security technology and user education.
Emile Abou Saleh, Senior Regional Director for the Middle East, Turkey, and Africa at Proofpoint, emphasized, “Employees need to recognize their pivotal role in averting data breaches, malware, and financial loss. This isn’t just an IT issue. As traditional work models evolve, conventional data protection methods fall short. Organizations and staff must collaborate to fortify strategies, integrating controls across various fronts to safeguard against threats.”
The report delves into the current threat landscape, detailing how malicious actors exploit generative AI, QR codes, and multifactor authentication (MFA). This information is drawn from Proofpoint’s analysis of over 2.8 trillion scanned emails across 230,000 organizations globally and 183 million simulated phishing attacks over twelve months. It also sheds light on the perceptions of 7,500 employees and 1,050 security professionals across 15 countries, showcasing the disparity between security attitudes and real-world behaviors, as well as the state of security awareness initiatives.
Key findings from the UAE in Proofpoint’s 2024 State of the Phish report include:
Despite the escalation of threats like ransomware, TOAD, and MFA bypass, many organizations lack adequate preparation or training. Only 13% educate users on TOAD attack recognition and prevention, and merely 21% on generative AI safety.
“Cybercriminals exploit human vulnerabilities, whether through negligence or malicious intent,” remarked Ryan Kalember, Proofpoint’s chief strategy officer. “Individuals are pivotal in organizational security, with 74% of breaches involving human error. Awareness is crucial, but behavior change is the real challenge.”