Five phishing scams your business needs to know about

Five phishing scams your business needs to know about

Verizon’s 2019 Data Breach Investigations Report found C-level executives are 12 times more likely to be targeted by phishing scams than in previous years, with phishing involved in 33 per cent of data breaches last year. Here are five common phishing scams to guard against.

1. HR or finance department salary switcheroo fraud

This is one of those phishing scams that you might think would never work, yet the evidence suggests it does. Call it “customer-authorised fraud” or simply “impersonation”, but getting a salary diverted into a fraudulent account is easier than it sounds.

By Davey Winder

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