Why do phishers waste their time with such obvious phishing scams when they can do so much better?
One possible answer: They don’t have to do better. They send out so many emails that they only need a very low percentage of people to click. And people always do. In fact, if phishing emails became more effective, phishers might get too many clicks and might not be able to process it all!
To break into an organization, all the phishers need to do is to catch just one person. They don’t need to overphish the seas. Victims are plentiful enough!
Don’t assume that people won’t fall for obvious phishing scams — they do. That’s why it is essential to train people. I am pleased to announce that TeachPrivacy now is offering a phishing simulator service. We’ve teamed up with QuickPhish to provide a platform where organizations can conduct simulated phishing exercises for their workforce. A great way to teach people not to fall for phishing emails is through direct experience. When people wrongly click, our training can follow to teach them how to improve.
A popular way some organizations are raising awareness about phishing is by engaging in simulated phishing exercises of their workforce. Such simulated phishing can be beneficial, but there are some potential pitfalls and also important things to do to ensure that it is effective.
1. Be careful about data collection and discipline
Think about the data that you gather about employee performance on simulated phishing. It can be easy to overlook the implications of maintaining and using this data. I look at it through the lens of its privacy risks. This is personal data that can be quite embarrassing to people — and potentially have reputational and career consequences. How long will the data be kept? What will be done with it? How securely will it be kept? What if it were compromised and publicized online?
The Payment Card Industry (PCI) Security Standards Council recently released a helpful short guide to preventing phishing attacks. Merchants and any other organization that accepts payment cards most follow the PCI Data Security Standard (PCI DSS). One of the requirements of the PCI DSS is to train the workforce about how to properly collect, handle, and protect PCI data.
A major threat to PCI data is phishing, with almost a third targeted at stealing financial data.
According to a stat in the PCI Guide, Defending Against Social Engineering and Phishing Attacks,: “Every day 80,000 people fall victim to a phishing scam, 156 million phishing emails are sent globally, 16 million make it through spam filters, 8 million are opened.”
I am pleased to announce the launch of our new training program, Social Engineering: Spies and Sabotage. This course is a short module (~7 minutes long) that provides a general introduction to social engineering.
After discussing several types of social engineering (phishing, baiting, pretexting, and tailgaiting), the course provides advice for avoiding these tricks and scams. Key points are applied and reinforced with 4 scenario quiz questions.
A study recently revealed that nearly 25% of data breaches involve phishing, and it is the second most frequent data security threat companies face. Phishing is an enormous problem, and it is getting worse.
In a staggering statistic, on average, a company with 10,000 employees will spend $3.7 million per year handling phishing attacks.
by Daniel J. Solove
Although we are seeing increasingly more sophisticated attempts at phishing, it appears as though many phishers still haven’t been able to get their hands on a program with spell check. Why are we still seeing the $10 million lottery winning emails? Or the long lost relative of yours living in Fiji who is leaving you $4 million?
A recent article explains that for the phishers, it is all a numbers game:
“So, if 97 per cent of phishing attempts are unsuccessful, why is it such a large issue? Because there are 156 million phishing emails sent worldwide daily. . . . Of the 156 million phishing emails sent daily, 16 million get through filters. Another eight million are opened by recipients. 800,000 click on the link provided, and 80,000 provide the information requested.”
By Daniel J. Solove
I produce computer-based privacy and data security training, so I’m often in the hunt for stock photos. One of the hardest things in the world to do is to find a stock photo of a hacker that doesn’t look absolutely ridiculous.
I’ve gone through hundreds of hacker stock photos, and I’ve discovered some that are so absurdly funny that they are true classics and deserve to be celebrated in a hall of fame. So I bought some of these gems to share them with you — because if there’s any sense of justice in the universe, when so much thought, creativity, and effort goes into a stock photo, it deserves to be sold.