Phishing


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Phishing

The illegal practice of attempting to steal an identity by setting up a website and encouraging people to input credit card or other personal information. Phishing often purports to present a legitimate web business and asks the "customer" to give personal information in order to receive fictitious products. Alternatively, phishing may involve a criminal sending out e-mail purporting to be from a bank or credit card company asking for information as part of an "urgent" request. Phishers then steal the identity directly or sell to another party for illegal purposes.

Phishing.

Phishing is one way that identity thieves use the Internet to retrieve your personal information, such as passwords and account numbers.

The thieves' techniques include sending hoax emails claiming to originate from legitimate businesses and establishing phony websites designed to capture your personal information.

For example, you may receive an urgent email claiming to come from your bank and directing you to a website where you're asked to update or verify your account number or password. By responding you give identity thieves an opportunity to steal your confidential information.

Phishing is difficult to detect because the fraudulent emails and websites are often indistinguishable from legitimate ones and the perpetrators change identities regularly.

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Microsoft phishing has become a potential goldmine thanks to the growth of Office 365, which boasts more than 180 million active monthly business users.
With 97% of people unable to identify a sophisticated phishing email, Williams further emphasised that employee training is essential in recognising the signs of a malicious email, but if businesses are leaving their phishing defence down to human reliability, then they will be far more vulnerable to attacks.
Meanwhile, cybercriminals deployed HTTPS-protected phishing websites in record numbers, according to PhishLabs, posting a record high of nearly 60 percent of detected phishing websites in 1Q 2019 employing this data encryption protocol.
Retruster have developed intelligent phishing protection solutions based on artificial intelligence and machine learning, that help global companies stay protected against phishing emails.
"Cofense is the only security company that provides a comprehensive and scalable human phishing defense solution.
The country with the highest percentage of users attacked by phishing remained Brazil with 28% of all attacked users.
On other findings of the Spam and Phishing Report, Tatyana said the share of spam in mail traffic was 52.48 per cent which is 4.15 per cent less than in 2017.
KnowBe4, the provider of the world's largest integrated security awareness training and simulated phishing platform, is used by more than 20,000 organizations worldwide.
These services have led to the explosion of phishing attacks highlighted earlier, as any attacker can launch an attack regardless of technical skill.
Quann Malaysia general manager, Ivan Wen, said in a statement that the internet could see a rise in clickbait phishing sites or emails with attachments and sensational titles that trick users to click links for 'Exclusive' or 'Shocking' stories.
"Human behavior is a critical element of cyber security yet 62 percent of companies don't train employees to recognize phishing attempts," commented Bill Lucchini, senior vice president and general manager for the Sophos Messaging Security Group.
Seventy-six percent of organizations experienced phishing attacks in 2017 and nearly half of information security professionals said the attack rate increased from 2016.