Email Security researchers have discovered a new type of phishing campaign that specifically targets the financial services industry. These malicious attacks use a tricky Excel file that can sneak past malware-detection programs. What’s particularly concerning is that these attacks don’t stop at email attachments; they also use deceptive URLs to lure victims into clicking. Once
Clicked, the link takes them to a compromised SharePoint or fake OneDrive site, ultimately leading to the harmful Excel file. To defend against such attacks, it’s essential for organizations to stay proactive and adapt their security measures because email-based attacks, like ransomware phishing, continue to be a prevalent threat.
Phishing attacks are on the rise, and companies need to be vigilant. Defending against these threats requires not only strengthening email security but also having a robust SaaS backup solution as part of an overall cybersecurity strategy. This multifaceted approach is vital to safeguarding against evolving cyber threats and maintaining business continuity.
In this discussion, we’ll explore the increasing problem of phishing attacks, understand how companies can protect themselves from these attacks, and see how a SaaS backup solution plays a crucial role in keeping your digital data safe.
Rising Phishing Threats: Stay Protected
In 2020, a whopping 75% of organizations worldwide faced phishing attacks, and in the United States, 74% fell victim to successful phishing attempts. Unfortunately, the COVID-19 pandemic made things worse by causing more email security problems.
A survey revealed that employees clicked on three times as many malicious emails during the pandemic. Email threats went up by 64% in 2020, and a worrying 70% of the companies surveyed feared they’d be hurt by email attacks.
People are worried because these phishing attacks are getting smarter and happening more often. In the survey, 60% of folks said that the attacks are becoming fancier, and 52% were concerned about the sheer number of these attacks. Staying cautious and beefing up email security is crucial in today’s digital world.
Guarding against attacks
In phishing attacks, cybercriminals send emails with harmful attachments, hoping to break into a company’s computer system. If someone opens the attachment, it can unleash ransomware that can mess up not just one computer but an entire company’s network.
Surprisingly, in a recent survey, 43% of people worldwide admitted that their own employees not knowing enough about cybersecurity is a major problem. Shockingly, 13% of companies still don’t have an email security system, and 88% of Microsoft 365 users feel their companies need better email security.
To stop people from clicking on dangerous links in shady emails, companies should teach their staff about cybersecurity. The first defense is making sure everyone can spot phishing emails to avoid mistakes. In a study, 43% of folks who fell for phishing emails said they looked real, and 41% thought the email came from a boss or a famous company.
For even better protection, companies should use cybersecurity tools that stop bad emails from getting to employees. This includes a SPAM filter that spots viruses, ransomware, emails from no-name senders, and other signs of trouble.
How Al Zajed Can Protect You in a Phishing Attack?
Al Zajed Technologies is like a superhero for your important business data. Block email threats, including spam, phishing, business email compromise (BEC), account takeover (ATO), malware, advanced persistent threats (APTs), and zero-days before they reach end users’ mailboxes. Leverage this next-generation, cloud-based email security solution for holistic protection.
Want to protect your company’s data from phishing attacks? Request your free demonstration now.
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