Phishing Emails Are Becoming Harder To Identify

Microsoft data shows that phishing emails account for 0.62 percent in all inbox receipts as of September 2019.

This is an increase of 31% from the previous year.

Although the increase in alarm is alarming, at first glance these numbers seem quite normal.

Last year, more than a billion dollars was lost by companies worldwide due to phishing emails that targeted business owners (or Business Email Compromise, or BEC). This fact makes it more terrifying to see how the number of phishing emails per year increases.

Understanding Phishing Emails

BEC campaigns are expensive and successful because scammers often impersonate CEOs or other top-ranking corporate officials. You respond quickly to emails that appear to be from your boss and are marked urgent. This is exactly what scammers want.

Scammers are becoming more skilled at creating emails. They have even taken in IT professionals in some cases. They haven’t been able to distinguish between an email sent by a scammer posing as a CEO and one from the CEO. What hope does an IT professional have if they are taken in?

This is a legitimate concern given the rapid rise in phishing emails. You can bet that scammers will become more prolific, thanks to their success.

Microsoft claims that two-factor authentication can be used across all platforms as a countermeasure. 2FA blocks 99.9% of automated attacks, which is why phishing and other cyberattacks are often automated. You are putting yourself at unnecessary risk if you don’t use it regularly.

SpartanTec, Inc. can help you train your employees to recognize suspicious email and other techniques to protect your company’s network. Contact us to learn more about dark web analysis and firewall protection.

SpartanTec, Inc.
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843-418-4792
https://manageditservicescharleston.com/

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