What is Phishing?

It’s becoming a lot more common and scarier knowing that your information may not be as secure as you think.

• Can you tell if an email you received is legitimate?
• What strategies do you have in place, if any to protect your business and even personal information?

In today’s society we need to be aware and implement new strategies to ensure that our information stays safe and in the right hands.

Defined

Phishing is a term used to describe the way cybercriminals steal confidential information by sending fraudulent messages (these individuals are also referred to as ‘lures’).

Where can Phishing occur?

They are sneaky and deceptive often pretending to work for a large, trusted organisation to make the  scam more believable. The scammer leaves no grounds untouched and may try to reach an individual and their details through.

• Online banking logins.
• Credit card details.
• Business login credentials.
• Passwords/ passphrases.

Phishing does not dismiss anyone! Stay protected by keeping vigilant and implementing added security measures.

Standard Practice

Several businesses now recognise the need for extra security and have implemented such practices.

Note: Businesses will not call, email, or SMS asking you for the following information. If you’re uncertain, make the conscious decision to speak with the individual sender in person to discuss your concerns.

• Asking for usernames, passwords or other security questions.
• Ask for personal information to be entered on a public domain.
• Ask to confirm personal information including credit card or account details.
• Request immediate payments of any sort.

FACT!

In 2020 it was recorded that 3.8 billion people globally used social media!  

With one of the most common social media posts being chain posts.

So, where am I going with this…

Well most passwords are based on an individual’s personal information including; birthdates, milestones, activities, and other interests etc. If we connect the two together, that being chain posts and passwords there is a correlation, making it easier than ever before for scammers to trial and error what your password maybe. Be vigilant when taking part in chain posts or better yet, don’t take part in them at all.

Think you’ve revealed confidential information?!

It can be stressful but don’t fret! There are an array of organisations specially equipped in helping victims of scammers.

If you think that you have fallen victim to a scam, get in touch with the following organisations.

• If you have given bank account details, immediately get in contact with your financial institution.
• Report Scams to the ACCC
• IDCare on 1800 595 160 or 
• Lodge a report to the Australian Cyber Security Centre 
• For more information and help contact Scamwatch 

At Novata Solutions we are here to provide guidance and assistance in ensuring that your business is better equipped and protected from scammers.