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3 Types of Phishing Threats Your Organisation Can Encounter

posted by: Paula Boyden date: Apr 07, 2021 category: All comments: 0

Since we are living in the age of information, your data and its protection are now more valuable than ever. Even more so is the case for an organisation like yours, which can be considered a hub for sensitive details about financial details, industry secrets, and the like. Unfortunately, as the Internet and technology become more complex, you can expect your cybersecurity to be compromised by attacks, and phishing, in particular, is something you should be wary of. For your guidance, use this article as your guide to prioritising anti-phishing.

 

What Are Phishing Threats and Their Effect on Organisations?

The basic definition of phishing is using certain bait, usually in the form of an incentive, to entice victims by appearing to be someone trustworthy, which is your organisation in this case. The main goal of these attacks is to fool people to reveal sensitive data, such as passwords and confidential records. Then, the attackers use this against the victim.

In effect, once people are victimised, they can also mistrust you and your team, leading to damage in reputation and credibility in your community. Worse, you can be wrongly accused of criminal acts you didn’t even commit and can be forced to pay fines or be imprisoned. The common mediums include phone calls, emails, and social media messaging, all made to look like they are from your organisation.

 

What Are the Usual Types of Phishing Threats for Organisations?

Consider the following threats that may currently be present within your organisation:

1. Spear phishing

Spear phishing occurs when someone sends direct messages to the target through social media or other public cyberspaces. The victims can either be from your organisation or not, but the attacker will use relevant data gathered about you and your team to make them look legitimate.

Most hackers utilise real names, workplace locations, contact numbers, and the like. They can even refer to other connections to take advantage of the trust associated with your group’s professional image. One good example of this is when Sony hackers had fake Apple ID emails to spear phish employees within their group.

 

2. Email phishing

Email phishing is a widespread tactic because emails are often easily accessible for many, especially hackers. Most would often refer directly to your organisation’s website, but they can also use emails from former employees, members, and shareholders. It often leads to falsifying connections and situations to pressure unsuspecting individuals to provide confidential data as soon as possible. While you can easily identify phishing attempts from emails with missing details, typos, and spam-tagged content, it may be hard to determine real from fake, especially if the hacker is well-experienced.

 

3. Whaling

Whaling is a merge between email and spear phishing, making the attack more personalised and more likely to get individuals to disclose information they shouldn’t share. It’s due to the added nuisance of detail posing to look like an official representative from your corporation.

 

Phishing threats are a serious matter that every organisation should take seriously. Due to this, preventive measures must be taken to ensure safety and avoid confusion within your immediate circle, primarily your constituents, benefactors, and the like. Fortunately, you can now identify the kinds of attacks that you face, allowing you to caution others and take the necessary steps to prevent further complications. Therefore, bolster your cybersecurity solutions today!

Are you in need of professional anti-phishing services to protect your organisation? Consult with us at FraudWatch International. We have been protecting brands and clients from cyber threats worldwide since 2003. With our assistance, you can vouch for everyone’s safety, especially your supporters and shareholders. Contact us today!

 

 

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