Teck Genius: What are Phishing Attacks?

Ransomware, malware, anti-virus, hacking, phishing, social engineering are all terms that are fast becoming known to all across the CyberSecurity space, but for the wrong reasons.

Never has there been a time where the need for cyber threat protection and cybersecurity solutions have been more critical. Cybersecurity threats are at their all-time high across the globe and the situation is only getting worse.

Hackers are working 24/7 to see what they can disrupt and earn from and in the majority of the case, it is your data that they are after. Therefore cybersecurity protection should be a key concern and focus for your business.

Your business and its data are amongst the most valuable things in its existence. Data is the lifeblood of all activity within the business as it largely dictates and determines how you engage, operate and grow.

But how protected are you? When was the last time you had a cybersecurity audit? When was the last time your cybersecurity software was reviewed? When was the last time your entire cybersecurity strategy was updated? When was the last time your monitoring and alerting of cyber threats were analysed? When was the last time you reviewed your cybersecurity solutions? These are questions you should be asking yourself and your colleagues within the business to start shaping your overall cybersecurity posture.

As ransomware operations become more and more sophisticated, all companies should be asking themselves; are we prepared?

We are no longer seeing a few people sitting in a room trying to steal your money–ransomware operations are becoming more and more sophisticated with many ransomware organisations even running Bitcoin payment helplines.

This doesn’t mean ransomware companies are on the cutting edge of advanced technology. Most hackers advanced their encryption methods and worm capabilities but are still using old, well-known tricks to break into organisations.

One of the most common and simplistic methods for any hacker is running a phishing attack campaign. These attacks are the most common methods of spreading ransomware, and with the vast majority of us all working from home, attacks are on the rise. Hackers have realised that they no longer have to waste time trying to write scripts to break through security when they can just rely on a person to make a mistake, and let them in. So let’s talk a little about what these attacks are.