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Phishing Scams: How They Can Hurt Your Business

Phishing Scams: How They Can Hurt Your Business

What do your employees know about phishing scams? Do they know enough to avoid them? Phishing scams are a type of social engineering, designed to get information from employees based on a false premise. Phishing scams can come in many different forms, and being unable to detect them can be a tremendous security flaw.

Phishing Scams are One of the Most Significant Threats to Security

A phishing attempt bypasses most of a company’s security measures by going directly to an employee. A common method of phishing is to send an email that looks as though it came from some authority, such as a CEO, to an employee. This email will ask for privileged information, and an employee — not thinking anything of it — may respond with it and never know that they have been compromised.

Other more generic phishing attempts may display themselves as common types of account, such as a PayPal account. They will then ask employees to log in with their information and will collect that information. Again, the employee will never know that they have given out personal and identifiable data.

Phishing scams can be done through email, fax, or the phone, and employees themselves are vulnerable to it. Consequently, it is the employee that must be trained to recognize the attempt, and to report any phishing attempts to those higher up.

As phishing attempts are extremely easy to perform, they are one of the major types of attack that organizations face today. A single attacker can phish thousands of businesses automatically in a day, and they are constantly evolving their attempts to be more realistic and less easily detected.

A phishing attempt bypasses most of a company's security measures by going directly to an employee. A common method of phishing is to send an email that looks as though it came from some authority, such as a CEO, to an employee.

Small Businesses are a Major Attack Target

Small businesses are targeted quite frequently by phishing scams — 400 a day to be exact. Malicious attackers know that small businesses have assets that they need to protect; however, small businesses often don’t invest in the training and technology needed to secure their organization. Consequently, they are seen as a weak target.

To prevent a successful scam, small business owners need to invest in training their employees to detect phishing attempts. Though there are technologies available, such as email filters, to protect against phishing attempts, there is nothing that can protect against all phishing attempts. Something as simple as a phone call from “IT” could lead to an employee handing over their login information.

Employees need to be trained on security protocols and must understand the threats that they face in order to take these threats seriously. At Johnson Business Technology Solutions, we can help. Give us a call today to find out more about how we can secure your business.

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