May 3, 2019
Organizations had seen an expansion in phishing attacks. Regardless of that expansion, most organizations didn’t feel prepared to secure themselves against these security risks. As a result, a majority of organizations were not certain in their capacities to effectively spot phishing attacks.
The development of phishing attacks in both complexity and frequency represents a huge risk to all organizations. It’s important that all organizations know how to detect the most widely recognized phishing attacks if they are to secure their corporate data.
At the most fundamental level, here’s how phishing attacks work:
You get an urgent message of some sort. It’s from a trusted source, for instance, an online shop or your bank. The email looks real. It even uses the logo and perfectly impersonates the color scheme of that organization.
These messages request that you click on a malicious link that takes you to a phony sign-in page or a page requesting that you give the authorization. This is how cybercriminals get your own information. You unconsciously give it to them, all while thinking you’re simply signing into one of your accounts.
In view of that, we will discuss common phishing attacks and provide some valuable tips on how organizations can secure themselves against these phishing attacks:
Not all phishing attacks lack personalization, some just use it intensively.
For instance, in spear phishing attacks, fraudsters alter their attack emails with the target’s name, organization, position, work phone number, and other data trying to trick the recipient into trusting that they have a connection with the sender.
The objective is to draw the victim into clicking on an email attachment or malicious URL so that they will hand over their own information.
Spear phishing is particularly ordinary on social media sites, where cybercriminals can use multiple sources of data to create a targeted attack email.
To secure your network, organizations should initiate an employee security awareness training that, in addition to other things, discourages users from publishing delicate corporate or individual data on social media. Organizations should also put resources in solutions that are fit for analyzing inbound messages for email attachments and known malicious links.
The most widely recognized sort of phishing attacks, deceptive phishing refers to any phishing attacks by which fraudsters imitate an authentic organization and attempt to take individuals’ login credentials or personal data. Those messages frequently use threats and a feeling of urgency to alarm users into doing the cybercriminal’s’ bidding.
The success of deceptive phishing attacks relies on how intently the attack email resembles a real organization’s official correspondence. Accordingly, users should examine all URLs carefully to check whether they divert to an unknown site. They should also look out for grammar errors, generic salutations, and spelling mistakes dispersed all through the email.
As users become savvier to traditional phishing attacks, some fraudsters are abandoning the idea of baiting their victims altogether. Rather, they are resorting to pharming. It is a technique of phishing attacks which originates from the domain name system (DNS) cache poisoning.
The Web’s naming system uses DNS servers to change alphanumeric website names to numerical IP addresses used for finding computer services and devices.
Under a DNS cache poisoning attack, an attacker focuses on a DNS server and changes the IP address related with an alphanumeric website name. That means an attacker can divert users to a malicious site of their choice regardless of whether the victims entered the right website name.
To secure against pharming, organizations should encourage employees to enter in login credentials just on HTTPS-protected sites. Organizations should also execute anti-virus software on every corporate device and implement virus database updates, alongside security upgrades issued by a trusted Internet Service Provider (ISP), all the time.
Spear phishers can target anybody in an organization, even top officials. That’s the rationale behind whaling phishing attacks, where fraudsters attempt to spear an official and steal their login credentials.
In the event their phishing attacks prove successful, fraudsters can lead to conduct CEO fraud, the second phase of a business email compromise scam where attackers imitate an official and abuse that person’s email to approve false wire transfers to a financial institution of their choice.
Whaling phishing attacks work since administrators often don’t participate in security awareness training to their employees. To counter that danger, as well as the risk of CEO fraud, all organization staff, including officials, should undergo ongoing security awareness training.
Organizations should also consider revising their financial policies so that nobody can authorize a financial transaction by means of email.
While some phishers never again bait their victims, others have specialized their attack emails according to an individual service or organization.
Take Google Drive, for instance. A large number of individuals use Google Drive each day to access, back up, and share their files. It’s no big surprise, therefore, that attackers would attempt to gain on the platform’s popularity by targeting users with phishing attacks.
One attack campaign, for example, will attempt to lure users into entering their login credentials on a fake Google Drive sign-in page facilitated on Google Drive itself.
As Google Drive supports spreadsheets, documents, photos, presentations, and even whole websites, phishers can abuse the service to make a website page that mirrors the Google account sign-in screen and gathers user credentials.
Users should consider executing two-step verification to ensure themselves against phishing attacks. They can enable the security feature by means of either Google Authenticator or the SMS messaging application.
Organizations ought to have the capacity to be able to more rapidly detect some of the most widely recognized kinds of phishing attacks. But that doesn’t mean they will be able to detect every single phish. Despite what might be expected, phishing attacks are continually developing to adopt new strategies and structures.
In light of that, it’s imperative that organizations lead security awareness training on an ongoing basis so that their officials and workers remain prepared over developing phishing attacks.
Cybercriminals are continually thinking of new advanced phishing attacks to steal any personal data they can. Cybercriminals want to gain access to your email because such an extensive amount of important individual data can be found there.
Try not to become the next victim of phishing attacks. Keep your own information sheltered and secure.