Email Security Blog

Over Half of Workers get Emails that Pretend to be from their Boss

Sep 7, 2018 6:01:04 PM / by Catherine Young posted in whaling, spear phishing, phishing

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 We obviously know that phishing is a threat, but even we were surprised to read that over 50% of respondents to a Lloyds Bank survey said they received phishing emails from scammers posing as their boss. This particular kind of phishing attack, known as “CEO Fraud”, can pay off when scammers convince junior employees to pay a fake invoice, or forward other valuable information to whom they believe is a top executive.  

CEO fraud is sophisticated from both technological and social angles. Receiving an email from a trusted, high-ranking contact doesn’t raise concerns, as these kinds of messages “feel normal.” Attackers rely on this misplaced trust and a worker’s desire to please the boss. Criminals can use social media or even out-of-office messages to understand the business structure of an organization. They can then craft fake emails and attempt to reach several people within an organization, hoping at least one of them falls for it.  

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What is the Difference Between Phishing, Spear Phishing, and Whaling?

Aug 31, 2018 4:55:50 PM / by Catherine Young posted in phishing, spear phishing, whaling

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Scammers are sending phishing, spear phishing, and whaling emails in record numbers. A recent Internet Threat Security Report shows that 1 out of every 131 emails contained some form of malware. The hackers are nothing if not proficient. 76% of businesses report being a victim of phishing attacks and the business costs are staggering.

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