No less than 97% of the population are not capable of identifying a sophisticated phishing e-mail. That’s a problem, because in Belgium, according to Febelfin the number of phishing mails is rising sharply. “With our Endpoint Protection Solutions, we protect companies against the increasingly sophisticated attacks by cybercriminals,” says Raf De Backer of Rank1.
The average cost of a phishing attack for medium-sized firms is 1.5 million euro. The figure was calculated by security firm PhishMe based on extensive research in over fifty countries.
Phishing is a form of fraud in which the attacker sends a mail in order to obtain sensitive information. The attacker purports to be a known person or a reputable firm, and invites the recipient to click on a link in the e-mail, SMS or chat message. The link leads to a bogus website that asks you to enter codes or passwords. This is how Internet criminals gain access to sensitive information or bank details.
“Our tests show that thirty per cent of employees open a malicious e-mail”, says Raf De Backer, who developed the offering for Rank1. “Twelve per cent even click on a link. Those are worrying figures. As an employer, you have to protect your business against this form of Internet crime”.