Cloud-based email threats creating chaos amid the pandemic

Trend Micro intercepted the increase of phishing, malware, and credential theft believing the number to be 16.7 million. The leading cloud security company reported that email threats are the major issue faced by the giants that can slip the native filters easily.

Wendy Morre, Vice President of Product Marketing, Trend Micro, said “COVID-19 forced many organizations to accelerate their digital adoption plans, and SaaS apps have become indispensable to remote workers. However, where there are users, there are also threats and we’ve seen a spike in attacks targeting organizations’ perceived weakest link during the pandemic,”

In 2020, there has been a sudden increase in credential theft, malware, and phishing emails.

As per the statistics, in 2020, malware-laden email attacks will increase by 16% as compared to 2019. Whereas the count for phishing email reaches 6.9 million that shows a 14% increase from 2019. For the credential phishing, there were 5.5 million attempts made that passed the security filters that included phone-based phishing attacks.