Consequences
Falling victim to phishing attacks can have severe implications for an organization:
- Data Breaches—Employees tricked by phishing emails can inadvertently disclose sensitive information, leading to significant data breaches.
- Financial Loss—Phishing attacks can result in direct financial losses, costly incident responses, and significant fines and penalties for non-compliance with regulatory requirements.
- Reputational Damage—Incidents caused by phishing attacks can harm customer trust and damage the organization's reputation.