We live in an era where the amount of valuable data businesses must store is increasing at an unprecedented pace. Consequently, the number of cyber criminals trying to gain access to that data is also increasing. In fact, according to a report released last year by Osterman Research, 81% of organizations have been the victim of some type of data breach, targeted email attack, successful phishing attack or other cyber security incident during the previous 12 months. And with the surge of people working from home due to the COVID-19 pandemic, these numbers are only going to go up.
The COVID-19 crisis has changed the way we approach data privacy and email security as the transition to working from home has been accompanied by a growing surge of Coronavirus themed phishing scams and spoofed websites used to distribute malware or lure victims into providing confidential information.
At about this time last year, Office 365 had around 155 million users, and businesses continue to adopt its services at a rate of around 3 million users per month. But as subscription rates continue to grow, it becomes a growing target for cybercriminals to spread phishing and ransomware attacks.