The dollar value of phishing-related fraud losses are far less than commonly cited, according research firm the TowerGroup. The firm estimated the losses attributable to phishing to total $137 million in 2004. Others have pegged the U.S. consumer loss at around $500 million.
Phishing losses not so large
Partner Content
_(20).jpg&h=140&w=231&c=1&s=0)
Partner Content
Empowering Sustainability: Schneider Electric's Commitment to Driving Customer Success
Promoted Content
ctrl:cyber strengthens sovereign cyber capability with elevenM acquisition
.png&h=140&w=231&c=1&s=0){kind=logo}
Promoted Content
Overcoming the “last mile” problem in AI adoption with Lucid Software
Promoted Content
Local Technology Infrastructure Is Key to Australia’s Artificial Intelligence-Enabled Future
Sponsored Whitepapers
Uncomplicate IT Service Delivery with AI Agents
Getting ahead of the tech: what’s next for Australian organisations in digital transformation
Fintech compliance made fast and secure
How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide
2025 Security operations insights: Three-quarters of security leaders need something new in SIEM
iTnews Executive Retreat - Security Leaders Edition
iTnews Benchmark Awards 2026
iTnews Cloud Covered Breakfast Summit
The 2026 iAwards
_(1).jpg&h=140&w=231&c=1&s=0)
