Ninety-four percent of organisations globally have suffered phishing attacks in the last 12 months and 61% say it is likely or inevitable that they will be hit with an email-borne attack, according to a new survey.

Microsoft has refused to fix a vulnerability in its Excel spreadsheet, which has about 120 million users worldwide, after the email security provider Mimecast informed the software giant that the Power Query tool could be used to embed malicious content in an Excel document.

Cyber criminals continue to use email as a primary vehicle to steal data and deliver advanced threats, according to one security firm which reveals that phishing attacks targeting email users were the most prominent type of cyber attack globally in 2018.