Arctic Wolf 2024 Trends Report Reveals 70% of Businesses Targeted by Business Email Compromise (BEC) Attacks

Arctic Wolf's State of Cybersecurity: 2024 Trends Report, based on a global survey of over 1,000 senior IT and security decision-makers, finds that business email compromise is the most common attack vector (70% targeted, 29% successful), ransomware affected 45% of organizations in the past year with 86% of those involving data exfiltration, and organizations are increasing transparency, cyber insurance adoption, and policies for generative AI/LLM usage.