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What is Phishing? Why Phishing Assessment is much Needed for the Organization?

Phishing is a common attack pattern to perform cybercrime where an attacker uses fraudulent emails to steal personal or sensitive information. Thus, a disguised email is their primary weapon to trick you and make you click on a link or download an infected attachment file.

Moreover, this technique has been active since the 1990s, and it’s still increasing day by day. Most cybercriminals associated with phishing usually try to steal your valuable information, such as Credit card numbers, online usernames, passwords, etc.

Thus, it’s pretty important to learn more about anti-phishing solutions.

Firstly, let’s understand the different types of phishing attacks. Similarly, we’ll also check why phishing exercise is much needed for today’s organizations.

Common Types of Phishing Attacks

 

  1. Email Phishing:

    In a standard email phishing attack, a scammer uses a disguised email account and creates a fake website. Then, they use their email ids and send out emails to millions of internet users.

    Moreover, they try to trick the user by addressing themselves as the user’s bank and stealing their information. Once the victim users click on the link, they’re redirected to a fake website that looks like their bank’s official website. Lastly, a victim user usually falls in their trap and gives away his/her account’s username and password.

  2. Malware Phishing Attack:

    Most phishing attacks involve a disguised email account. Yet, the scammer can use these accounts in different ways. In Malware Phishing Attack, a scammer generally sends spam emails with malicious attachments. These attachments usually involve a .zip file or any other type of common Document file format. Once a victim user downloads these attachments, the embedded malware infects the user’s system.

Why phishing assessment is important for organizations?

Do you know that many top brands such as PayPal and Microsoft are some of the most significant phishing attack victims? Moreover, since the introduction of Ransomware in 2017, most of today’s businesses are vulnerable. As a result, phishing exercises and anti-phishing solutions are the need of the current hour.

Let’s say you’re running a successful business and you’re hiring for many positions. Now, your HR staff is receiving hundreds of job applications and checking different CVs. However, an attacker may have sent an infected file while disguising himself as a random job seeker. Thus, when you download these files, your systems are now infected by malicious codes.

So, what can we do in this position, and what standard anti-phishing solutions are available for us? Let’s find out:

  • Ensure that your organization uses security software such as Antiviruses, Firewall programs, etc.
  • Never ignore OS or internet browser updates, as they usually involve the latest security patches.
  • In case most of your staff is working remotely, then establish the BYOD (Bring your own device) policy.

Concluding on Phishing Attacks

All in all, phishing attacks are one of the most common forms of cyberattacks. Moreover, the attack rates are increasing daily, and most businesses are entirely vulnerable to them. As a result, it’s essential to learn more about these cyberattacks and their various types.

Phishing emails containing links to fake websites or infected files are some common examples. Thus, phishing attack prevention is crucial for any organization in this digital era.

Lastly, make sure you’re using better security tools for your systems to stay protected. In case you’re promoting remote work, then applying the BYOD policy is the only right choice.

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