Knowing the Risks of Phishing Attacks

Knowing the Risks of Phishing Attacks

One of the deadliest internet hazards to organizations and personal accounts is “phishing.” According to reports, the number of phishing attacks this year is already 70% greater than the total number of attacks reported last year.

A Quick Overview of Phishing

What exactly is phishing? Why is it so risky for businesses, and how does it function? In phishing, a hacker essentially assumes the identity of a trustworthy organization. Unaware people will receive emails or forms from them to trick them into giving them private information. Hackers typically seek credit card numbers, usernames, passwords, social security numbers, and other information. Many even create fictitious websites so that when people click on their links, they still appear to be real sites.

The effectiveness of the current phishing scams has increased over time, and today’s victims frequently aren’t even aware that a virus has compromised them until the damage has already happened.

Different Phishing Techniques

Phishing primarily occurred through emails in the past, but recently, hackers have broadened their distribution networks and are now assaulting more options. We will discuss the three basic types of phishing used today. To safeguard your business, you must become familiar with these threats to secure your network appropriately.

Spear Phishing

The most common type of sword phishing employees encounter is spear phishing because of its extreme effectiveness. According to reports, this type of phishing assault makes up over 90% of all incidents. The attack aims to attack specific targets, and the hackers have planned for it by gathering data on the target to make their trap more believable.

Replica Phishing

For this type of phishing, hackers use cloned emails as tools for system intrusion. The hackers stealthily replace the legitimate URLs in the original emails with malicious links. To make the entire email appear legitimate, they also use a recipient’s email address that is remarkably like the original. Their next step is to send out the phony email and pretend it is an updated version sent to the intended recipients.

Whaling

In whaling attacks, an executive or the upper management of a corporation is the intended target of these phishing attacks. As a result, because it goes after the “big fish” in the industry, the phrase “whaling” is used to label these attacks. These phishing emails also have a very distinct tone and content. They typically come as customer complaints, executive notifications, or subpoenas. The executives feel pressured to click the link, which is a fraudulent link, because it appears to be urgent.

Train Your Staff to Protect Your Business

Your employees’ knowledge of these online hazards will decide how well your security is against phishing. You might as well deliver your data to hackers if your staff carelessly clicks links. The straightforward approach is to teach your office staff what these attacks are. Show them how to spot a phishing scam and give them the tools they need to defend themselves.

Don’t worry if you don’t know how to do it; as one of the many cybersecurity services we offer, we can handle all these tasks for you. Besides thorough employee training, we can perform a phishing test on your business to evaluate your security. There are many things we can do to enhance your organization. Avoid leaving your company defenseless in these days of widespread cyber threats.

Call us today, and we’ll strengthen your protection against phishing and other online dangers!

 

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