Price of an email-borne safety assault can on common exceed $1 million

Price of an email-borne safety assault can on common exceed  million


  • 75% of organizations surveyed skilled a profitable email-borne assault within the final 12 months.
  • Recovering from an email-borne safety assault prices victims greater than $1 million on common.
  • 69% of these hit by ransomware say the assault began with an e mail.
  • Having a better proportion of distant staff will increase safety threat and restoration prices.

CAMPBELL, Calif., Feb. 8, 2023 /PRNewswire/ — Barracuda Networks, Inc., a trusted companion and main supplier of cloud-first safety options, at the moment printed its 2023 E-mail Safety Traits report that exhibits how email-based safety assaults have an effect on organizations around the globe. 75% of the organizations surveyed for the report had fallen sufferer to not less than one profitable e mail assault within the final 12 months, with these affected dealing with common prices of greater than $1 million for his or her costliest assault. 23% stated that the price of email-based assaults has risen dramatically during the last 12 months.

The survey, performed by impartial analysis agency Vanson Bourne and commissioned by Barracuda, questioned IT professionals from frontline to essentially the most senior roles in corporations with 100 to 2,500 staff, throughout a spread of industries within the U.S. and EMEA and APAC international locations.

The fallout from an e mail safety assault may be important. Probably the most broadly reported results had been downtime and enterprise disruption (affecting 44% of people who had been hit), the lack of delicate, confidential, and business-critical information (43%), and harm to model status (41%).

There have been notable variations between industries. For instance, monetary companies organizations had been significantly affected by the lack of beneficial information and cash to attackers (cited by 59% and 51% of victims, respectively), whereas in manufacturing the highest affect was the disruption of enterprise operations (53%). For healthcare establishments the restoration prices concerned in getting methods up and operating once more shortly had been essentially the most important (44%). No matter dimension or trade, nevertheless, organizations with greater than half their staff working remotely confronted increased ranges of threat and restoration prices.

Organizations additionally really feel underprepared to take care of the specter of malware and viruses (34%), superior e mail assaults like account takeover (30%) and enterprise e mail compromise (28%), and much more fundamental threats like spam (28%).

“E-mail is a trusted and ubiquitous communications channel, and that makes it a beautiful goal for cybercriminals. We count on email-based assaults to turn out to be more and more refined, leveraging AI and superior social engineering of their makes an attempt to get the information or entry they need and evade safety measures,” stated Don MacLennan, SVP, Engineering & Product Administration, E-mail Safety, Barracuda. “E-mail-based assaults may be the preliminary entry level for a variety of cyberthreats, together with ransomware, data stealers, spyware and adware, crypto mining, different malware, and extra. It’s not shocking that IT groups around the globe do not feel totally ready to defend in opposition to many email-based threats. Rising consciousness and understanding of e mail dangers and the strong safety wanted to remain secure can be key in maintaining organizations and their staff protected in 2023 and past.”

Get a duplicate of the report:

Take a look at the weblog publish:
Get a duplicate of Barracuda’s information to the 13 e mail menace varieties and the way to defend in opposition to them

Barracuda commissioned impartial market researcher Vanson Bourne to conduct a worldwide survey of IT managers, senior IT safety managers, and senior IT and IT safety decision-makers. There have been 1,350 survey members from a broad vary of industries, together with agriculture, biotechnology, development, power, authorities, healthcare, manufacturing, retail, telecommunications, wholesale, and others. Survey members had been from the U.S., Australia, India, and Europe. In Europe, respondents had been from the United Kingdom, France, DACH (Germany, Austria, Switzerland), Benelux (Belgium, the Netherlands, Luxembourg), and the Nordics (Denmark, Finland, Norway, Sweden). The survey was fielded in December 2022. 

About Barracuda
At Barracuda we try to make the world a safer place. We consider each enterprise deserves entry to cloud-first, enterprise-grade safety options which are simple to purchase, deploy, and use. We defend e mail, networks, information, and purposes with progressive options that develop and adapt with our clients’ journey. Greater than 200,000 organizations worldwide belief Barracuda to guard them — in methods they could not even know they’re in danger — to allow them to concentrate on taking their enterprise to the following stage. For extra data, go to 

Barracuda Networks, Barracuda and the Barracuda Networks emblem are registered logos or logos of Barracuda Networks, Inc. within the U.S. and different international locations.

Anne Campbell
Barracuda Networks, Inc.
[email protected]

SOURCE Barracuda Networks, Inc.

Price of an email-borne safety assault can on common exceed  million