Lateral Phishing involves hijacked or compromised accounts to send phishing emails to unsuspecting recipients, such as close contacts in external organizations

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A new report from Barracuda has just dropped, and it’s nothing short of a cyber-crime horror show. Nearly 42% of email attacks on companies with 2,000 employees or more are driven by the insidious menace of lateral phishing. Smaller businesses are getting hammered with external phishing attacks, which account for a staggering 71% of the threats over the past year.