Phishing scams are a widespread and effective form of cyberattack that could put your business at significant risk. Knowing how these scams operate is key to preventing your company from becoming the next target.
In this blog, we'll cover the motives behind phishing emails, explore different phishing attack methods, and crucially, show you how to protect both your email and your business. Don't miss the free eBook guide included below.
Image by Chibitek (Chie Ushio)
The goal behind phishing emails
Phishing emails trick people into actions that can disrupt business activities, like transferring funds, disclosing passwords, downloading malicious software, or exposing confidential information. The main goal of these attacks is to pilfer your financial assets, data, or both.
Financial theft — The primary objective of phishing is often financial theft. Tactics range from business email compromise (BEC) for illicit fund transfers to ransomware attacks that demand money.
Data theft — To cybercriminals, your data like login credentials, personal identification numbers, and financial details are highly valuable. These can be used for financial theft or malware attacks. Your sensitive information may even end up for sale on the dark web.
Be vigilant and look out for these phishing attempts:
If an email asks you to click on a link, be wary. Scammers send out phishing emails with links containing malicious software that can steal your data and personal information.
If an email directs you to a website, be cautious. It could be a malicious website that can steal your personal information, such as your login credentials.
If an email contains an attachment, be alert. Malicious extensions disguised to look like a document, invoice or voicemail can infect your computer and steal your personal information.
If an email tries to rush you into taking an urgent action, such as transferring funds, be suspicious. Try to verify the authenticity of the request before taking any action.