"One of Every Four Companies Suffered at Least One Email Security Breach, Hornetsecurity Survey Finds"
Hornetsecurity, a cloud email security provider, surveyed more than 420 businesses that use the Microsoft 365 platform in order to gain insight into how they handle email security in a more decentralized working environment. Results from the survey revealed that 23 percent of them, or 1 in 4, experienced an email-related security breach. Of these email-related security breaches, 36 percent occurred because of phishing attacks aimed at end-users. Compromised passwords and phishing attacks were behind 62 percent of all reported security breaches. Over 50 percent of all respondents said they have not yet implemented Conditional Access rules and Multi-Factor Authentication (MFA). There is a disconnect between businesses' expectations of Microsoft 365's email security and reality, with 2 out of every 3 expecting Microsoft to protect them from email threats. Half of all respondents turned to third-party solutions to supplement email security, with 82 percent of them reporting the lowest rate of email security breaches compared to organizations only using Microsoft 365's security packages. In addition, 74 percent of all security breaches reported in the survey were faced by companies with between 201 and 1,000+ employees. This article continues to discuss key findings from the Hornetsecurity's email security survey.