Phishing Attacks: A Major Case Of Cyber Security Lapse
Communication being vital for an organization, the growth of a globalized workspace, has led employees to make
the best use of the technological innovations. The mobile workforce uses the Internet and the corporate networks
to keep in touch with their corporate workstation. However, the growth of Internet, e-commerce, mobile
computing and vast use of social networking sites have led to data and information being prone to cyber attacks.
As security breaches became more frequent, reports confirm the second quarter of the year 2011 face the most
sophisticated hacking attacks.
Phishing attacks by cyber criminals is an attempt to obtain sensitive information and data such as usernames,
passwords, credit card details by camouflaging ones identity as a trustworthy one. These cyber criminals attack
unsuspecting users by replicating as communication links from social websites, auction sites, online payment
processors or IT administrators. Typically carried out through email spoofing or instant messages it directs users to
enter fake websites. A social engineering technique wherein the cyber criminals take advantage of the quality of
web security technologies implemented.
To control the phishing attacks, enterprises work with IT giants to provide phishing awareness training for the
users, phishing awareness for the public, and spruce up cyber security measures with anti-phishing software. Being
a major reason for concern among the growing techno savvy users, the target information for phishers can be
anything from customer’s health, credit and personal data to corporate trade secrets, business plans and sales
forecast, creating a ripple in the secure environment.
Phishing attacks create a strong negative impact on a company's brand and reputation leading to significant
financial losses and decline in shareholder value. Leading Information Risk Management Services Company has
developed phishing diagnostic solution to help protect the organization’s most valuable assets- the workforce. This
software proactively educates the users through simulated phishing attacks of simple attacks or even more
targeted spear phishing attacks. This benefits the users in understanding the phishing techniques helps them to
This diagnostic solution enables organizations to enhance their security measures against social engineering
attacks by providing comprehensive user behavioral analysis, which provides for a teaching moment. Further, with
a choice of deployment methods, ability to handles organizations of various sizes, and customized simulations, this
solution provides flexibility, scalability and quantification of vulnerability status.
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