WHAT IS A PHISHING ATTACK ?
Phishing can be termed as the fraudulent use of electronic communications in order to deceive as well as take advantage of other users. Phishing attacks are attempted to gain sensitive and confidential information of any individual or organization such as passwords, network credentials, credit card details, and much more.
Phishing attacks are also performed by posing as a legitimate individual or an organization through phone or email and social engineer the victims to perform several specific actions such as clicking on some malicious links to receive sensitive information.
HOW DOES PHISHING IMPACT A BUSINESS ?
The criminals behind Phishing attacks are not trying to steal money but instead, they are trying to steal something more important that is data. When Phishing attacks are successful, data breaches occur and its consequences could be disastrous for any business.
When a huge company's name comes into the news with headlines such as "Data exposure of more than 50m users" or "Data breach in the organization resulting into a data leak of 100m users", it could destroy the organization's image. These headlines take a long time to fade away.
Loss of Custom
When there is any news related to data breach floating around, it tends to make the customers nervous. The company starts losing its valuable customers due to such an incident.
Loss of Company Value
Data breaches not only affects consumer confidence, but it also degrades the value of the company in front of the investors. For instance, due to the data breach of Facebook’s user data in 2018, it had to suffer a valuation drop of $36 billion.
There are financial penalties that a business has to incur for mishandling or misusing the data of users. As per GDPR, the penalties can be 4% of the company’s annual global turnover or €20 million – whichever is higher.
Even a small breach could lead to business disruption as it could get the business to disconnect all the servers and it can take a long-time to resume the services back to normal.
WAYS OF PREVENTING PHISHING
Identifying Suspected Phishing Emails
Some things can help you identify an attack through an email such as duplication of the image of a real company, inclusion of sites that look similar to a real business, or even loss of an existing account.
Source of Incoming Emails
You must always check the source of mails because banks would never ask for any confidential information through emails.
Never click on websites linked in the mail for visiting bank's website
It is advised to not click on hyperlinks that are attached in the emails as they could land you on a fraudulent website.
Enter sensitive data on Secured Websites only
The websites beginning with ‘https://’ or having a closed lock icon are secured websites.
Enhance Security of your Computer
Phishing attacks can be blocked if you keep your computer secured with the use of a good antivirus.
Smart Quarantine Protection System
Sometimes emails are misclassified as spam, but now there won't be any need for you to look in the spam folder.
Real-Time Link Click Protection
We will protect you against time-delayed phishing techniques that are being widely used by the attackers.
Display Name Spoofing Protection
We protect you against spoofing user display names and internal emails that will also provide spear phishing protection to your business.
Malicious Attachment Blocking
The emails possessing malicious attachments such as executable files, zip files, or even regular files that are embedded with scripts won’t make it to your inbox.
Simple Dashboard Control Panel
You can completely control the entire system from a unified web-based console and also keep a track on the activity logs.
At Humanbot, we have got you covered with all your Cyber Security needs as we have expertise from Software to the Hardware components that will mitigate the risks from these attacks.
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