How to Protect Your Business
from Phishing Attacks
Phishing attacks are as common today as they are costly. In fact, these scams have risen considerably amidst the global COVID-19 pandemic, with the cybercrime scheme’s revenue amounting to over a trillion dollars annually. With these scams continuously rising, it’s become important now more than ever to familiarize yourself with how to keep your business protected from them. Understanding the habits, practices, and strategies to ensure that all sensitive information is kept safe must always be prioritized. And in this article, we’ll discuss some of the most common types of these fraudulent tricks and some proven tips to avoid being victimized.
Common Types of Phishing Scams
There are many different types of phishing scams, and knowing what they are is the first step to avoiding them. With that said, here are some of the most common attacks:
- Tech support scams. These types of phishing emails usually allege that they’ve identified malware on the device or computer. They’ll recommend that you download specific software on the link they provide or the attachment included in the email to fix the issue. But in actuality, it’s malware.
- Clone scams. This kind of phishing attack refers to where cybercriminals create identical emails from otherwise reputable sources to trick their targets into divulging sensitive information.
- Spear scams. This scam involves attacks that are primarily aimed at companies or individuals. Hackers will conduct research on their targets to help them craft emails that look credible.
What To Do to Protect a Business Against Phishing
There’s no denying that it’s easy to fall for phishing scams. However, with the right safeguard practices and tools, you can ensure the safety and protection of your business against these cyberattacks.
- Keep all software updated. It’s a general rule of thumb to ensure all software is kept up-to-date. After all, having all the latest updates and patches will effectively reduce your chances of being a victim of a phishing scheme. Fortunately, it’s not that complicated to do. By keeping automatic updates on, you’ll always know when new updates are available.
- Seek the assistance of fund recovery specialists. In case you find yourself a victim of a phishing scam, don’t worry, there are specialists who can help. Chargeback companies can help you recover the money you may have lost due to online schemes, among many others services. However, make sure that you research before selecting an agency. For instance, reading this Funds Recovery review by Top10CHB will give you a better idea of what to expect before committing to the company.
- Encourage password policies. Having policies on regular password changes and rules for allowable credentials is critical to prevent hacking. It may sound simple but enforcing complex passwords can go a long way in keeping sensitive data safe.
- Keep remote workers safe. Apart from encouraging employees to change their passwords regularly, a bring-your-own-device policy can also protect remote workers from phishing attacks. Ensure that proper encryption is used whenever they connect to the servers of the business or use a VPN to prevent accessing compromised sites.
Conclusion
Despite how common they are, phishing scams can have a massive impact on a business. So be sure to take all measures to protect your enterprise from these types of cyberattacks with the tips laid out above. They will make a difference.
