According to Verizon’s Data Breach Investigations Report (DBIR) phishing attacks increased by 11% in 2021. Meanwhile, the number of ransomware attacks globally grew by 6% compared to the year prior. A total of 85% of breaches involved a human element.
Locally there has been a rise in targeted attacks since the onset of the pandemic. A number of local organisations have reported spikes in fraudulent activity. A retail company was defrauded of money through their bank account. This was done by someone creating a fake email address while posing as an employee. They went on to forge signatures and proceeded to process payments.
Social media has also provided an avenue for phishing. A local journalist was recently phished through an SMS of someone claiming to be from Twitter. This person claimed to be from Twitter’s Documentation Center and was requesting personal details. The telecommunications regulator, POTRAZ, has warned the public against rising phishing scams, which are becoming a threat to the digital economic revolution. The warning comes at a time when more people are embracing online means of doing business.
The big question is: How can one prevent a phishing attack? At Dandemutande we believe that human intelligence and comprehension is the best defence against phishing attacks. According to Cofense, thwarting phishing attempts comes down to user behavior and understanding is the best way to protect your business against some of the most common hacking methods.
Comprehensive security awareness training is one of the best ways to help protect your business from malicious actors and prevent possible breaches. Your employees are often the first line of defence against a cyber-attack. Well-trained employees know the best tactics to prevent, respond to and recover from an attack.
For Cyber Security Training and additional information on how to prevent phishing attacks, contact firstname.lastname@example.org