Protect Your Business from this Newer and Smarter Phishing Modus

Cyber Security Firms

Business owners are now facing another threat of phishing modus. In this newer and smarter fraud, cyber criminals spoof a trusted source in order to trick you into giving your login details. Cyber security firms warn that these threat actors are now using popular services such as OneDrive and SharePoint.  

cyber security firms: Protect Your Business from this Newer and Smarter Phishing Modus

How do the hackers get in? 

Normally, these platforms are safe for general use. However, eventually, these cyber criminals have found a way to use it for their modus operandi. They figured that by using these applications, they can go through privacy settings and defer detection of security checks. As such, they end up hacking their way into your cloud storage. Cyber security firms say that they do this by either buying your information from the deep web or stealing it through bots or password breakers.  

What do they do after breaking the locks? 

As soon as these hackers get through the door, they then add an authentic-looking file. This may look similar to a trusted page or folder such as a login page. After creating the proof page, they turn it into a “view-only” page. This allows them to limit people who get access to the bad file. Unfortunately, this could be you or your team.  

Effects of this new Phishing 

Unfortunately, as soon as anyone opens these fraudulent files attached to the emails, chaos will follow. This leads to active stealing of information within the system. And hackers can now get their hands on all of them. Cyber security firms warn that this data gathered can be used to hack into a bigger system or, even, open doors for more dangerous malware to destroy your files.  

Although possible, business can still continue even after an attack. However, this is an arduous journey that even cyber security firms want to avoid. Nonetheless, it is best to also invest in business continuity and disaster recovery. Likewise, this does not guarantee that your company’s reputation will not be damaged. Hence, it is best to prevent attacks beforehand. 

Preventive Measures 

First, ensure that you and your team know the threats. This means knowing what phishing and email scams look like and what are the things to watch out for. Similarly, make sure to emphasize triple checking information, even if the source seems legit.  

Next, be wary about opening files, even if you know the sender. Make sure to counter check the identity of the email and scrutinize for any mistakes or changes. Even email signatures can be spoofed. When in doubt, try to reach out to the sender by another means to verify. 

Another way to stay safe is to use tools such as password manager, and multi-factor authentication (MFA). These will provide strong and secure passwords that cannot be guessed and have a double lock system through the MFA.  

Lastly, ensure that all your software for security and systems is updated with the latest versions. This ensures that they have the latest patches against already known threats.  

Get Professional Help from Cyber Security Firms 

Here at EB Solution, we are a team of expert and reliable IT and cybersecurity professionals. Schedule your consultation with us today and let us diagnose your IT and security needs. We would love to share with you our custom solutions that fit best for small and medium businesses. 

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Cyber Security Firms