Social engineering is an insidious way of getting "insider access" into an organization's network and data. Threat actors use it to gain sweeping access to carry out sophisticated attacks while evading detection. This "insider" leeway of social engineering makes it an alarming threat that cybercriminals are routinely exploiting now more than ever.

In a pattern of continued growth across the third quarter of 2021, ransomware remains the dominant threat type, more than doubling since 2021 Q1, fuelled by an exponential increase in the initial access broker marketplace. Incidents of unauthorized access and the risk of insider threats also increased, but to a far lesser extent, accounting for roughly 20% of incidents in the same period.

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Organizations across various industries spend their time and resources to mitigate impending cybersecurity threats to protect their assets and sensitive data. As new technologies come into play, more comprehensive cybersecurity measures are needed to protect these organizations. We’re in a time when remote work has become the norm, thus making cybersecurity that much more of a priority for many organizations.

Few concerns keep business leaders up at night like the threat of a cybersecurity incident. With the average cost of a data breach exceeding $4 million for the first time and public sentiment, regulatory requirements and practical functionality firmly against companies that can’t protect their digital landscape, many leaders are reprioritizing cybersecurity in response to this increasingly urgent reality.

It’s finally happening. More than a year after embarking on “the world’s largest work-from experiment,” many businesses are bringing people back to the office. For some, this is excellent news. They’ve been looking forward to highway commutes, in-person meetings, and always valuable watercooler talk. These people are in the minority.