Africa has had the most exponential growth in phishing-related cybercrime out of any region over the past few years, especially when aimed against small and midsize businesses.
That’s according to KnowBe4’s “2024 Phishing by Industry Benchmarking Report,” out this week, which analyzed more than 54 million simulated phishing tests across 11.9 million users in 19 industries across the globe. The researchers found that inadequate user training was the primary reason why individuals across all industries fell victim to social engineering attacks.