Phishing is a way that criminals steal confidential information by sending fraudulent messages (sometimes called ‘lures’).
These deceptive messages often pretend to be from a large organisation or another business you trust and can be sent via email, SMS, instant messaging or social media platforms. They often contain a link to a fake website where you are encouraged to enter confidential business details.
It doesn’t matter what type or size of business you are in, phishing can affect you.
Use this guidance to learn about how to protect your business from phishing.
Tip: Be wary – don’t click on links in unexpected emails or messages from people or organisations you don’t know.
Phishing emails have been used by criminals to steal financial details from Australians for a number of years (phishing emails were first observed in Australia in 2003) but have become increasingly sophisticated since then.
It used to be easy to recognise and ignore a phishing email because it was badly written or contained spelling errors, but current phishing messages appear more genuine. It can be very difficult to distinguish these malicious messages from genuine communications.
Because of phishing, many companies now don’t ask customers to update or verify confidential details, such as passwords, PINs, or account details online. This helps people to tell the difference between legitimate business emails, and those that may be phishing attempts.
More dangerous still are a class of phishing messages known as ‘spear phishing’. These messages target specific people and organisations, and may contain information that is true to make them appear more authentic.
These messages can be extremely difficult to detect – even for trained professionals – as they catch people with their guard down.
For example, you might get a message that appears to be from your own company’s IT helpdesk asking you to click on a link and change your password because of a new policy – would you click the link?
Protect your business from phishing attempts
The best way to protect your business from phishing attempts is to stay abreast of current threats, be cautious online and to take steps to block malicious or unwanted messages from reaching your business in the first place.
Take the following steps to protect your business from phishing attempts:
- Educate employees at all levels about the importance of not clicking on links in emails or messages, or opening attachments, from people or organisations they don’t know.
- Be especially cautious if messages are very enticing or appealing (they seem too good to be true), or threaten you to take a suggested action.
- If a message seems suspicious, contact the person or business separately to check if they are likely to have sent the message. Use contact details you find through a legitimate source and not those contained in the suspicious message.
- Use a spam filter to block deceptive messages from even reaching your business.
- Understand that your financial institution and other large organisations (such as Amazon, PayPal, Google, Apple, Facebook and others) would never send you a link and ask you to enter your confidential business or financial details.
- Stay informed on the latest threats – sign up for the Stay Smart Online Alert Service . Often, you can also find information about the latest scams on the Australian Government’s Scamwatch website: www.scamwatch.gov.au
Invest in staff awareness
Increasing awareness of online risks such as phishing, and the way criminals operate online, is a good way to improve the resilience of your organisation against such threats. Train your staff to use safe behaviour online.
It doesn’t matter if you are a small or large business, not-for-profit club, if you employ a staff member responsible for IT or outsource that to someone else – there are simple steps you can take to protect your staff and your business.
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