As a small business owner, you’ve probably heard that phishing is a risk, but you may not be fully aware of what risks it presents. As we’ve discussed before, small businesses are tempting targets for cyber criminals including phishers. Cybersecurity is a necessity for all sizes of businesses and not only for enterprises.
How does phishing work?
When you boil phishing down, it’s simply a virtual version of a con game. Phishers try to convince someone to do something by tricking them into trusting the phisher. They want you to click a link to install malicious software or ransomware with the goal of stealing sensitive financial information, ransoming locked files and data, or any other number of nefarious purposes. They do this by making you think they’re someone who can be trusted.
What tricks do phishers use?
Phishers no longer pretend to be Nigerian princes and have become a lot more sophisticated.
When they target employees of a business, phishers may pretend to be the business’s HR department talking about changes to PTO or benefits. They may also pretend to be a vendor sending an overdue invoice or act like a client asking a question.
Some of the top phishing subject lines from 2019 seem like everyday business emails. You could easily imagine how one of your employees may think one of these emails is real.
What can your small business do?
As a small business owner, you should take the threat of phishing seriously. You need to view investment in cybersecurity like insurance. You’re paying money (or time) to protect your small business against catastrophic risk. Your business may never catch fire, but you still have building insurance. In the same way, your business may never be hacked, but you should still protect it from hackers.
At the end of the day, you’ll never be 100% protected from phishing (or any cybersecurity threat), but you can increase your small business’s odds of preventing an attack.
We’d love to talk more about phishing especially if you’re in the Fishers, Carmel, Indianapolis, or Westfield, Indiana area. Just contact us, and we’ll setup a time to meet.
Credit: Tim Ludden