Spear Phishing

Why is Spear Phishing such a problem?

To stop spear phishing, test and train your employees! 

Spear phishing is an e-mail spoofing fraud attempt that targets a specific organization or individual, seeking unauthorized access to sensitive information.  Spear-phishing messages appear to come from a trusted source.  Spear phishing attempts are not typically initiated by random hackers, but are more likely to be conducted by perpetrators out for financial gain or trade secrets.  With spear-phishing, the apparent source of the email is likely to be an individual within the recipient’s own company, generally someone in a position of authority or from someone the target personally knows.  This familiarity is what sets spear phishing apart from regular phishing attacks.
With PhishingBox, companies and organizations can conduct spear phishing simulations as an effective way to test employees’ security awareness and susceptibility to social engineering tactics.  Spear phishing has the same goal as normal phishing, but the attacker first gathers information about the intended target.  This information is used to personalize the spear-phishing attack.  Instead of sending the phishing emails to a large group of people, the attacker targets a select group or an individual.  By limiting the targets, it’s easier to include personal information, like the target’s first name or job title, making the malicious emails seem more trustworthy.
Before crafting a spear phishing message, the attacker will research the intended victim’s social media profiles, like LinkedIn, Twitter and Facebook.  Afterwards, the attacker will try to build a profile on the victim’s life, work and interests.  This will be used to create a highly customized message that will come across as credible and relevant to the victim.  These e-mails contain infected attachments and links.  Once the link is opened, it executes malware that leads the target to a specific website.  The attackers can then establish their networks and move forward with the targeted attack.
Spear phishing attacks are harder to detect than regular phishing attacks because they are so focused.  Security awareness training for employees and executives will help reduce the likelihood of a user falling for spearphishing emails.  It is imperative to train employees to spot phishing emails based on suspicious email domains or links enclosed in the message, as well as the wording of the messages and information that may be requested.  This is where PhishingBox comes in.  We have the solution to prevent spear phishing.
An employee can become a target of spearphishing from the information that they put on the internet from their PC or smartphone.  Every employee should think about the passwords that they use.  They should not use just one or easy to figure out variations.  If they do either, they’re making it easier for a scammer to get access to financial information. 

One employee mistake can have serious consequences for businesses and organizations

With stolen data, scammers can reveal commercially sensitive information or commit various acts of espionage.  In addition, spear phishing attacks can deploy malware to hijack computers.  Because spear phishing attacks are highly targeted and customized, they are far more likely to succeed than traditional phishing attacks. 
PhishingBox helps identify and block spear phishing emails at the initial phase of most targeted attacks.  Put PhishingBox to work for your company. 
To learn more about testing your employees frequently, click here!