In the realm of information technology, cybersecurity refers to the set of technologies, processes, and practices designed to protect computer systems, networks, and data from unauthorized access, use, disclosure, disruption, modification, or destruction. With the growing prevalence of cyber threats, including malware, ransomware, phishing attacks, and insider threats, cybersecurity has become an essential aspect of modern IT systems. In this article, OCD Tech will delve into the technical aspects of cybersecurity and explore why it is crucial to be attentive to all the information shared in this FRAUD AWARENESS WEEK.
Organizations worldwide lose an estimated 5 percent of their annual revenues to fraud, according to Occupational Fraud 2022: A Report to the Nations. Fraud takes many shapes and forms, among them corporate fraud, consumer fraud, tax fraud, identity theft and many others.
Cyber fraud is the crime committed via a computer with the intent to corrupt another individual’s personal and financial information stored online. Cyber fraud is the most common type of fraud and individuals and organizations need to be vigilant and protect their information from fraudsters.
Are you or your employees exposed to these scams?
Here are 5 of the top cybercrimes affecting businesses and individuals in 2022:
· Phishing Scams.
· Website Spoofing.
· Ransomware.
· Malware.
· IOT Hacking.
Phishing is probably the most common form of cyber-attack, largely because it is easy to carry out, and surprisingly effective.
A Phishing attack is where the attacker tries to trick an unsuspecting victim into handing over valuable information, such as passwords, credit card details, intellectual property, and so on. Phishing attacks often arrive in the form of an email pretending to be from a legitimate organization, such as your bank, the tax department, or some other trusted entity. Phishing is probably the most common form of cyber-attack, largely because it is easy to carry out, and surprisingly effective.
One of the 60% of Spoofed Email Attacks Do Not Even Include a Malicious Link or Attachment
These Emails are Often Very Well Crafted and Trick an Unsuspecting Employee Into Sharing Personal Information or Even Network Login Infomation.
At OCD Tech we want to protect your business and we truly believe the best defense against a cyber attack is a good offense, request your Free Phishing Reply Test, that will let you know which employees fall victim to this scam so you can help them to recognize these costly tricks in the future through training and phishing exercises.
Source: NCA
