Phishing Explained

Phishing Explained

Phishing Explained – What is Phishing? How it works & How to prevent it | Attack techniques & Scam ExamplesIn this episode we are going to talk about Phishin...

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In this episode we are going to talk about Phishing. Phishing is a cyber attack that uses disguised email as a weapon. It's one of the oldest types of cyberattacks, dating back to the 1990s, and it's still one of the most widespread and pernicious, with phishing messages and techniques becoming increasingly sophisticated. According to research, including the 2019 Verizon Data Breach Investigations Report, nearly a third of all breaches involved phishing. For cyber-espionage attacks, that number jumps to 78%. The worst phishing news is that its perpetrators are getting much, much better at it thanks to well-produced, off-the-shelf tools and templates.

An organization succumbing to such an attack typically sustains severe financial losses in addition to declining market share, reputation, and consumer trust. Depending on scope, a phishing attempt might escalate into a security incident from which a business will have a difficult time recovering.

We want to make sure we are secure and prepared in case one of these attackers tries to infiltrate our systems so  today we are going to take a look at Phishing and see how we can protect our company, systems and clients from it.

What is Phishing?  Phishing Attacks.  How phishing attacks work

Phishing is a type of social engineering where an attacker sends a fraudulent ("spoofed") message designed to trick a human victim into revealing sensitive information to the attacker or to deploy malicious software on the victim's infrastructure like ransomware. Phishing attacks have become increasingly sophisticated and often transparently mirror the site being targeted, allowing the attacker to observe everything while the victim is navigating the site, and transverse any additional security boundaries with the victim.  As of 2020, phishing is by far the most common attack performed by cyber-criminals, with the FBI's Internet Crime Complaint Centre recording over twice as many incidents of phishing than any other type of computer crime