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Ponemon Institute is pleased to present the results of The 2021 Cost of Phishing Study sponsored by Proofpoint. Initially conducted in 2015, the purpose of this research is to understand the risk and financial consequences of phishing. For the first time in this year’s study we look at the threats and costs created by business email compromise (BEC), identity credentialing and ransomware in the workplace.

The key takeaway from this research is that the costs have increased significantly since 2015. Moreover, with the difficulty many organizations have in securing a growing remote workforce due to COVID-19, successful phishing attacks are expected to increase.

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