Phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords and credit card details by disguising oneself as a trustworthy entity in an electronic communication.

Several corporate organizations, companies & businesses have been victims of phishing and have lost a lot due to the scam that victimizes people everyday.

According to Avanan’s phishing statistics, 1 in every 99 emails is a phishing attack. And this amounts to 4.8 emails per employee in a five-day work week. Considering close to a third or 30% phishing emails make it past default security, the threat is very much present.

Speaking of phishing Kaspersky security researchers have reported on thousands of notifications of attacks on major banks located in the sub-Saharan Africa (SSA) region.

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Phishing Can Cost A Lot to Your Organisation – Here’ How!

As long as you are an email user in this digital age, you are a target for the phishing scammers and before you know it, your sensitive information has been stolen and this will cause your entire corporate network and brand to be at risk.

In 2019, 76% of businesses reported being a victim of a phishing attack in the last year and 15% of people successfully phished will be targeted at least one more time within the year because 30% of phishing messages get opened by targeted users (Verizon)

Source: Retruster

The costs can be stunning.

Eight Things You Can Do To Mitigate Phishing Attacks!

WHAT We recommend that you be extra careful about your online activity and identity than before using the following tips:

While phishing can be a difficult area to tackle at times, by following the simple tips in this article and embracing proper phishing prevention tools, you can greatly minimize your risk to falling victim to digital scammers since attackers work on their phishing tactics each and everyday and often times make it more sophisticated than before thereby appearing to be more legitimate in the eyes of their victims.