How to Effectively Block and Report Phishing Emails?

Phishing is defined as the malpractice of sending fake emails to various people impersonating a known brand or a company, asking for personal information such as credit card details, bank account passwords, etc.

Not just the citizens, but even the employees of various enterprises fall prey to phishing attacks. Despite the best security software systems in place, many brands have suffered losses due to the phishing attacks. The question arises here about how to block phishing emails effectively.

To know the answer we need to know about the types of phishing attacks and how they affect the enterprises adversely.

  • Domain Spoofing
    • Slightly altering the email of a known brand to create a fake domain name that resembles the brand to send fraudulent emails to victims is known as domain spoofing.
    • This is one of the toughest ones to detect manually when one receives numerous emails every day and the scammers are clever enough to keep the domain name as close to the authentic one as possible.
  • Malware and Ransonware
    • The scammers send hijacking software into the systems, thereby taking control of the data and the device and locking out the user.
    • When the scammers ask for money in return of releasing the system to the user, it is known as Ransomware.
  • Whaling Attacks
    • Employees are prone to whaling attacks by impersonators who take the identity of another employee.
    • After becoming friends with the victims, they lure them to share vital information and use it for fraudulent purposes.
  • Spear Phishing
    • Impersonating a trusted person like the manager, CEO, etc. and asking employees to send money, share codes, open links and install special software are a part of spear phishing.
  • Brand Forgery
    • Imitating the logo, tag line of a famous brand and sending suspicious links, or dubious offers to innocent victims and collecting personal information is known as a brand forgery.
  • CEO Fraud
    • Impersonating the head of an enterprise and issuing orders via email to send money, re-route working procedures, add new system applications is a part of CEO fraud.
  • Zero Day Attack
    • This is one of the new phishing attacks in the industry. Not all email security solutions providing companies have come up with a solution to detect and prevent the Zero Day phishing attacks.
  • Business Email Compromise (BEC)
    • Is one of the thriving phishing attacks where the criminals are targeting every enterprise, including the small startups to the global enterprises.
    • In an enterprise, it has been found that 30% of the phishing emails get opened by the employees. One can guess the amount of risk an enterprise faces because of this.
    • Though the procedures vary, they scammers usually follow a technique of impersonating a known official, supplier, etc. and convincing the employees to send money in the name of advance or payments for services.

When one has to answer the question of how to block phishing emails, it is important to note that the existing security system is not enough to stop the phishing attacks. Enterprises need to invest in advanced, latest email security system to avail the extra protection it offers. The enterprise should an email security system that can,

  • Observe the flow of mail through an enterprise, and create behavioral profiles for all of the associates.
  • Use Computer Vision and True Machine Learning in addition to up to date databases, to block phishing emails and catch Zero Day BEC phishing attacks.

Computer Vision is an advanced technology in which the algorithms are coded in a way to recognize brand-indicative design indicators. This includes fake logos, text-only designs as well. When this information is matched with sender profiling, the email security system recognizes that the sender is fake or fraudulent.

The system displays a user-friendly banner along with the suspicious email, alerting the employee of a possible phishing attack. The users can report the email with a single click from any device and any location.

The administrators will be notified about the report on the live dashboard which is updated and synchronized automatically. This enables enterprises to prevent phishing attacks successfully.

 

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