The year is about to end and every year we are witnessing that cybercriminals are advancing their methods of attacking systems and networks. Therefore there are various reasons why private firms and federal agencies should be more prepared for the coming years.
As per the recent analysis Phishing attacks will be the greatest security threat in 2023.
What should be done and what should be avoided?
According to security analysts, Phishing attacks are more popular among other methods of targeting victims and have already claimed millions of victims worldwide. As per the ratio of attacks, phishing attacks are still on the rise.
When we talk about phishing first we need to know why is phishing so dangerous? Because the emails that you receive from hackers will appear legitimate and use elements of social engineering to make victims far more likely to fall for the scam.
Following the steps, hackers often fooled victims into providing their sensitive data and credentials such as credit card numbers, social security numbers, and detailed account information in hopes of rectifying some nonexistent issues with an account.
Furthermore, 74% of organizations in the United States suffered from a successful phishing attack last year, which is a 14% increase from 2019.
Subbu Iyer, regional director for India and ASEAN, at Forescout Technologies, said that "digital transformation wave even as the cybersecurity teams in most companies are perennially understaffed and under-resourced. Poor knowledge of digitization, lack of cyber skills, and inadequately trained cybersecurity professionals are some of the factors leading to elevated cyber threats."
Below are the indicators to identify whether the email you have received is legitimate or a scam.
- If you look closely you will notice poor grammar and spelling mistakes in the message.
- You will see that the email is coming from unusual email addresses, for instance, "4m4zon" instead of "amazon".
- The email includes links, if a source asks you to click on it, this is likely a sign of phishing.
How you can secure your system from phishing attacks?
One way to protect your company from phishing attacks is to educate users and all employees. Educate them on how they can identify a phishing email and what could be done to avoid losses after receiving a phishing email. Furthermore, advanced technology and updated systems are required at the workplace to fight against phishing attacks and their consequences.
