The £347 Billion Email Scam. Is Your Business at Risk?
With 90% of data breaches starting from a single click, here's how to protect your company from today's sophisticated phishing attacks
Did you know that the average office worker now handles around 145 daily emails?
And here's something even more eye-opening - about 3.4 billion phishing emails are sent daily, making up approximately 1.2% of all email traffic.
A phishing email is still what it's always been …
… an email masquerading as being from a trusted source like your bank, Amazon, or a delivery company. But it’s actually sent by cybercriminals. They're after your team's details or trying to get them to click on dangerous links.
Interestingly, recent research shows that PayPal remains one of the most impersonated companies in financial phishing emails.
According to McAfee Labs' April 2025 report, PayPal-related phishing attacks have seen a seven-fold increase, with research from TrustMI.ai indicating that approximately 70% of PayPal users have been targeted by these sophisticated scams.
It's often our natural concern about account security that makes us vulnerable!
When we're worried our account might be compromised, we sometimes end up handing access to the very people we're trying to keep out! And, while phishing is bad enough for individual victims, a data breach can devastate a business.
That's why it's crucial to keep your team educated about the warning signs:
• Always hover over links before clicking to check the actual URL
• Look carefully at the sender's email address - does it look legitimate?
• Watch for poor grammar or generic greetings
• Trust your instincts - if something feels off, it probably is
The Bottom Line 💡
If you're unsure about an email, go directly to the company's website by typing the address in your browser rather than clicking any links.