ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

New SailPoint Survey Exposes Concerning Generational Differences Regarding Corporate Email Use and Cybersecurity Posture

Findings show younger generations conduct more risky behavior, with 93% of Gen Z workers utilizing corporate email for personal use

SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in enterprise identity security, today released its inaugural Trust Issues Survey, which aimed to identify gaps within organizations’ cybersecurity postures by analyzing workforce behaviors that blur work and personal lives, leading to security pitfalls.

According to the findings, more than half (59%) of all workers are using corporate email for personal use, but Gen Z is the biggest offender (93%). With these numbers growing as the lines between work and home increasingly blur amid the ongoing COVID-19 pandemic, SailPoint set out to determine how users’ behaviors when conducting these activities could put a target on any organization’s back for a cyberattack or data breach.

Examining workers’ awareness levels when it comes to identifying and acknowledging a phishing attack, the survey found 44% noticed that the number of phishing messages they’ve received is up year-over-year. However, there are glaring generational differences when it comes to their behaviors that are putting Baby Boomers, Gen X, Millennials, and Gen Z – and their employers – at risk.

Highlighted findings from the report include:

Social media is fueling malicious attacks – especially against Gen Z

In this day and age, an email is required to create any kind of online account – including social media profiles. While these sites are traditionally meant for personal use, the survey found that Gen Z (77%) and Millennials (55%) are using corporate emails for their social media logins, compared to just 15% of Gen X and 7% of Boomers. Considering the frequency and reach of social media hacks today (e.g., more than half a billion Facebook accounts were stolen just this April), risk is on the rise, with new potential doorways being opened every day.

The holidays signal greater corporate threats from younger generations

Ahead of the holiday season, nearly one in three workers (29%) say they use their corporate email for online shopping (Boomers are the least likely to engage in these activities, with only 3%). More urgently, 39% have received a phishing message impersonating a retailer, and 22% have received a message impersonating a marketing email. On the heels of one of the busiest online shopping seasons ever (Mastercard reported a 47.2% gain in e-commerce during the 2020 holidays), consumers can expect increased phishing attacks and retail breaches in the coming months.

Boomers are more well-equipped to deal with a phishing email

Despite being confident in their ability to detect a phishing message - 94% are confident or very confident in their ability to detect a phishing message - only 29% know how to appropriately react to a phishing email (forwarding it to IT). When pressed on how they would respond to a suspicious-looking email with a link or attachment, 46% of Gen Z respondents said they would open the link or attachment, compared to just 1% of Boomers (29% of Millennials and 4% of Gen X would also open the link or attachment).

“Over the last year and a half, we’ve seen countless, high-profile cyberattacks, stemming from email activity, that have brought organizations – like retailers, currency exchanges, and healthcare organizations – down to their knees,” said Heather Gantt-Evans, CISO at SailPoint.

“By using corporate email for personal use, employees are inadvertently expanding the threshold for malicious actors to enter into a corporate network, completely unnoticed. As demonstrated by the data, most don’t know what to do if they see suspicious activity, but with proper education and training, we can deter these types of events to ensure business remains operating as usual.”

Go here to learn more about the survey’s global findings.

Methodology

Dynata, a leading market research tool, conducted this survey of 500 U.S. workers employed by companies with 2,500+ employees (ages 18-65+) on behalf of SailPoint.

About SailPoint

SailPoint is the leader in identity security for the modern enterprise. Harnessing the power of AI and machine learning, SailPoint automates the management and control of access, delivering only the required access to the right identities and technology resources at the right time. Our sophisticated identity platform seamlessly integrates with existing systems and workflows, providing the singular view into all identities and their access. We meet customers where they are with an intelligent identity solution that matches the scale, velocity and environmental needs of the modern enterprise. SailPoint empowers the most complex enterprises worldwide to build a security foundation grounded in identity security.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.