Email compromise attacks are on the rise, and cybercriminals are getting craftier. According to Kroll’s Q1 2024 Cyber Threat Landscape Report, email compromise has been consistently growing over the past nine months. The report also highlights how attackers are changing their tactics to trick more people. A worthy read to pass on to security-conscious members of your team.

What’s Changing?

Kroll’s report notes that phishing isn’t just about email anymore. Scammers are now using SMS lures (known as smishing) and voice phishing (vishing) to steal credentials. This shift shows that cybercriminals are constantly tweaking their methods to see what works best.

The Key to a Successful Defence

Despite all these new tricks, one thing remains the same: attackers need someone to let their guard down and hand over their information. This is where Security Awareness Training becomes crucial. By educating users, we can help them spot these scams before it’s too late.

Staying Ahead of the Curve

As tactics keep evolving, it’s essential for organisations to stay one step ahead. Implementing the right security measures can make all the difference in protecting against these threats.

At PhishFrenzy, our partner is recognised as the only platform that truly addresses the human element of cybersecurity and is trusted by over 65,000 organisations worldwide to build a strong security culture and reduce human risk.

What are common signs of an email compromise attempt?

• Look out for emails that create a sense of urgency or ask for sensitive information.
• Check the sender’s email address and be wary of any suspicious links or attachments.
• If something feels off, verify it through a different method before taking action.

How can my organisation protect themselves from such tactics?

Regular security awareness training is key. Educate employees on the latest phishing tactics, such as smishing and vishing. At PhishFrenzy we do it all and a whole lot more. We also suggest Implementing multi-factor authentication and regularly updating security protocols to stay ahead of new threats.

Email compromise attacks are ever-changing, but you can stay protected by staying informed and vigilant. At PhishFrenzy, we understand the importance of security awareness and are here to support your organisation. Reach out to us today to learn more about our managed service and how we can help safeguard your business against evolving cyber threats.