Insights

October 22, 2024

How businesses can avoid phishing and social engineering attacks

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Phishing and social engineering attacks have become serious problems for businesses. These techniques trick people into revealing confidential information or granting access to secure systems. Attackers use various methods, including email scams, phone calls, or even face-to-face interactions. To protect your business, it’s important to be aware of these tricks and know how to respond.

Email Phishing – The common threat

Email phishing is one of the best-known social engineering methods. It usually involves attackers pretending to be someone you trust, like a bank or colleague. They send an email asking for sensitive information, such as passwords or credit card numbers. These emails often look genuine, using logos and formatting that mimic the real thing.

What to do? Teach employees to double-check email addresses, especially when asked for private information. Hovering over links without clicking on them can reveal whether they lead to legitimate websites or something suspicious. Encouraging the use of multi-factor authentication (MFA) is also key-this adds an extra layer of security in case credentials are stolen.

Pretexting and phone scams

Pretexting is another common method, where attackers create a believable scenario to get information. A hacker might pretend to be from IT support and call an employee, asking for login details. The convincing nature of these attacks makes them particularly effective.

To avoid falling for pretexting, it’s crucial to have a company policy where employees never give out sensitive information over the phone. Verify the identity of anyone calling by contacting them through official channels before sharing any data.

Tailgating and physical access

Not all attacks happen online. Tailgating, for example, involves someone following an employee into a secure area without proper identification. It’s a simple but effective trick. Attackers often carry a clipboard or wear a high-visibility jacket to appear legitimate.

The solution is to remind employees to always challenge anyone entering the workplace, even if they seem to belong. It’s important to create a culture where this isn’t seen as rude, but as a necessary security measure.

The bigger fish – Whaling attacks

Whaling is a more sophisticated form of phishing aimed at high-profile targets, such as CEOs or financial officers. These attacks are carefully crafted, using personal details to make the scam believable. Hackers often pose as a trusted partner and ask for large sums of money or confidential information.

Protecting against whaling requires strong awareness among senior staff members. Implementing training for all employees, including management, can help reduce the risk. It’s also useful to have specific procedures in place for large financial transactions that require multiple levels of approval.

Staying alert

Social engineering attacks thrive on exploiting human nature – curiosity, trust, or even fear. The best way to defend your business is to foster a culture of vigilance. Regular training, encouraging employees to speak up when something seems off, and following strict protocols can make all the difference in keeping sensitive data safe.

In the end, while technology helps protect us, it’s people who are both the target and the first line of defence against these attacks. By staying aware and prepared, your business can avoid falling victim to phishing and social engineering tricks.

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