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Protect Yourself From Phishing Attacks

Phishing attacks remain a major concern for businesses worldwide, they are the main delivery method for all types of cyberattacks. In 2020, 75% of companies experienced at least one phishing attack. 

These attacks can have devastating consequences for a business, ranging from data breaches to ransomware attacks. Businesses must remain vigilant in their efforts to protect themselves from any kind of Cyber Attack. 

Phishing is an attack that uses fraudulent emails and usually websites to trick individuals into revealing sensitive information or infecting their devices with malware.

Mobile threats have increased dramatically in recent years, with a 161% increase in 2021 alone.

Here are a few things you can do to protect yourself from this type of attack:

  • Use email filtering to screen out suspicious messages.
  • Use DNS filtering to block malicious websites.
  • Use next-generation antivirus and anti-malware software.
  • Stay up to date on cybersecurity trends and educate yourself on how to spot phishing attempts.

PHISHING VIA TEXT MESSAGE

A greater number of people are less suspicious of text messages than emails.

Although smishing attacks are increasing, cybercrime entities are still taking advantage of the easy availability of phone numbers. By using text messages to deploy phishing attacks, they are able to target a larger audience.

A popular phishing campaign in 2022 is via text messages. More people are now used to receiving text messages than in the past, especially from retailers and service businesses. They push text updates for sales and delivery notices, which has enabled people’s guard to be lowered. 

The goal of the attack is to capture personal data, when a user clicks on a link included within a text message.  The link within the message will redirect the user to a genuine looking website.

The website you’re redirected to will look official and contain a contact form. Once you submit your personal details to the contact form. The hackers have your credentials. 

EMAIL COMPROMISE IS ON THE RISE

Ransomware has become a bigger threat in recent years because it’s a lucrative source of income for criminal groups that launch cyberattacks. A new, up-and-coming form of attack is also becoming quite profitable, and so is growing in popularity.

(Business email compromise – BEC) scams are also on the rise and costing businesses millions each year. These scams typically involve attackers posing as staff members in an attempt to trick employees into making Bank Transfer requests or gift card purchases.

The danger of BEC is when criminals gain access to email accounts, they have the ability to send phishing messages that appear very convincing to employees, customers, and vendors. 

Potential victims in most cases will automatically trust the known email address, making these emails highly effective tools for cybercriminals.

SMALL BUSINESSES ARE BECOMING MORE FREQUENT TARGETS OF SPEAR PHISHING

No business is too small to be targeted by hackers. Many small businesses are targeted because they often have less sophisticated IT security systems than larger companies.

Spear phishing is a more dangerous form of attack because it’s targeted. A spear phishing attack using BEC is tailored to the specific individual or organization being targeted.

Spear-phishing used to be more commonly used against larger companies, as it takes considerably longer to set up a targeted and tailored attack. However, large criminal groups and government-assisted hackers have made their attacks more efficient, they are now able to target most businesses with ease. 

Small businesses are becoming targeted more frequently by these types of attacks that are more difficult for their users to identify as scams.

MORE BUSINESSES ARE BEING IMPERSONATED RECENTLY

Attackers have become increasingly skilful at impersonating businesses in order to dupe users into clicking on malicious links or attachments. The most popular method is, sending emails that appear to come from legitimate companies that the user may be familiar with.

Amazon is a common target for business spoofing, but it also happens to smaller companies. There have been examples of website hosting companies having client lists breached, and the cybercriminals have then sent emails impersonating the hosting company. 

The emails asked users to log in to an account to fix an urgent problem.

IS YOUR COMPANY’S DATA PROTECTED FROM THIS STYLE OF ATTACK?

When it comes to protecting your business, it’s important to use a multi-layered approach. Start with a cybersecurity audit to review your current security measures and identify ways to improve.

We’ve done this for numerous companies within Staffordshire, please get in touch with us today to find out how we can help. 

Call us today on 01543 889 444 to see how we can protect your business.