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What is Phishing? How Can you Safeguard yourself Against It?

Phishing is one of the simplest forms of cyberattack for criminals to carry out, as well as one of the easiest for victims to fall for.


In laymen’s terms, phishing is a type of scam in which you are duped into disclosing sensitive information such as passwords and credit card numbers.

However, as more criminals use online scams to steal your personal information, it is necessary to prevent phishing.


These attacks targeted a wide range of businesses, including financial institutions, online and email service providers, and cloud hosting providers.


As a result, it is crucial that all businesses understand what exactly phishing is and how to protect themselves from it.


In this article, we will cover a brief overview of phishing and how you can protect yourself and your business from it.


What is Phishing?


It is a type of an online scam in which people are tricked into disclosing confidential information such as usernames, bank account details, passwords, and even credit or debit card information.


Typically, victims receive a malicious email or a text message impersonating a person or organization they trust. When they open the email or text, they will see a message instructing them to go to a website and take immediate action or face serious consequences.


Furthermore, the consequences of phishing can be far more serious than you realize, including the following:


  • An individual or company’s reputation is immediately jeopardized.


  • Intellectual property infringement


  • Customers defection


  • Decrease in the company’s value and so on…


This shows that phishing is a significant issue in cyberattacks that must be addressed.


However, it is the responsibility of each individual or company to protect themselves from such malicious activity by taking the necessary precautions listed below.


How can you safeguard yourself against it?


  • Never click on any suspicious links:


Most of us are interested in hearing about lottery wins, free software or other digital products, charitable donations, and so on. These emails usually come from completely random and unknown sources. As a result, pay special attention to any such email that contains unrealistic rewards or threats, as well as unusual language.


  • Keep your system updated:


Windows operating system products are frequently the targets of phishing and other malicious attacks, so make sure you are safe and up to date.


  • Use of open and public networks should be avoided:


Data sent over public networks is frequently not encrypted, allowing attackers to sniff out sensitive information such as usernames, passwords, purchasing transactions, and browsing activities. Use as few public Wi-Fi networks as possible as a result.


  • Check website security:


You should always check if a website is safe and secure before providing any information on it. The best way to do this is to examine the URL. If it starts with “https” instead of “http,” it means the site has been secured with an SSL Certificate.


  • Utilize two-step authentication:


It is a popular method for adding security to your online accounts. When logging into an account, the most common form of two-step authentication is entering your password and receiving a code via text message on your phone that you must enter. Attackers will find it more difficult to gain access to your account using this method.


  • Set up reliable anti-virus software:


Anti-virus software is unquestionably the first line of defense in detecting threats to your computer and preventing unauthorized users from gaining access. It is also critical to ensure that your software is regularly updated so that hackers are unable to gain access to your network.


Conclusion:


Although phishing is a major concern for every individual or business, however, it can be avoided by following the measure outlined above. Moreover, it is necessary to train your employees about phishing and the precautions they should take to avoid it.


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