Business Emails that compromise

One of the most used methods of getting information is to phishing; phishing has become one of the more dangerous types of security threats for business and we observed increased phishing attack reports in the past year.

Social engineering schemes often use fake emails that claim to be from actual businesses. The emails are designed to bait recipients to copied website that would request victim to give bank details, personal information. Other types of phishing attack are like fake ads, banners and fake social media accounts to lead victims to give information about themselves.

There are many types of lures; but documented gift cards are one of the preferred payment methods in attacks. Because gift cards are harder to track and it harder to refund and reversible, it has become one of the easier for people to use this way to earn money through phishing customers by creating fake emails and websites.

It’s important for companies to take the necessary steps to ensure no such phishing attacks happen as it would hurt the company’s reputation and trust as customers wouldn’t know if the email is compromised or not, this would affect the company mail marketing because of the phishing emails. It’s important to have proper security software to prevent such attacks. this are quite rather common type of cyber attack that happen to Singapore business.