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Why Phishing Attacks Are Dangerous
These attacks have grown more frequent and have been costing companies millions in damages. Aerospace engine component manufacturer FACC lost $55 million from a spear phishing attack. The loss of data results in staggering financial losses that can be difficult to recover from, particularly for smaller organizations who risk ceasing operations completely.
On top of losing data and money, companies that experience phishing attacks also suffer from damaged reputations. Over 90% of espionage attacks use phishing as the weapon of choice. Staying protected from these evolving threats is critical for businesses of any size.
SMBs Are Especially Vulnerable to Phishing Attacks
Small businesses are especially vulnerable to phishing attacks and typically don’t have the IT resources and expertise needed to guard themselves these attacks proactively. In 2018, 58% of malware attack victims were categorized as small businesses. With 92% of malware delivered by email, it is crucial SMBs take proactive steps to protect their businesses and train employees.
What You Can Do to Protect Your Business and Users
Security solutions and training help reduce the chances of phishing attacks being successful. Employees should be taught to exercise caution when clicking on links. Being able to identify suspicious links is one of the first lines of defense.
Software updates are also important and help keep devices safe from cyberattacks. Additionally, mobile devices and network guests should be separated. There are anti-spam and anti-virus filters included in some next-generation firewalls that can be great tools to protect your business.
Untangle Can Help
Handling cybersecurity concerns like phishing attacks take time and energy away from businesses, but Untangle is here to help. Contact us to learn more about what we can do to protect your business from phishing and other cyberthreats.
*** This is a Security Bloggers Network syndicated blog from Untangle authored by [email protected]. Read the original post at: https://www.untangle.com/inside-untangle/phishing-attacks-how-to-protect-your-business-and-users/