Trick or treat? No, it’s a phishing attack.

Halloween is the single evening of the year when ghouls and phantoms openly roam the roads. Although in this fearless latest online world that we all hinder, monstrous stuff isn’t restricted to one night. Perhaps you’ve been forced to place your palm in pumpkin slush at a Halloween celebration. How about the one where an unknown obtains access to all your organization, monetary, and credential information in the wink of an eye? No? Impersonated as cyber threats, automated ghouls are present, standing back to attack their next victim. In 2019 there are more trickers than treaters so cybersecurity month comes to a close in the US and Europe.

Phishing attacks on the rise

Users have clearly never suffered from a phishing attack yet. A phishing scam is an answer of a fraudster disguising themselves, through an email or site instead of skeleton costumes and disguising to be someone or something they’re not. The objective is to trick you, into disclosing personal data that could see you or your organization out of pocket. Since last Halloween alone phishing attacks have risen by a terrifying 65%, with 2/3 of the organizations reporting to sufferers of phishing attacks. With 1.5 million new sites utilized for phishing being generated each month, it’s understandable that this is just the starting. These assaults are just going to get smarter day by day.

So wise, indeed, that they infiltrate the world’s biggest social media stage. Simply a month ago, Facebook reported a breach in which fraudsters took information on more than 50 million client profiles, including customers’ religious convictions, their prosperity, work environment, family and social connections, and lots of other information these unaware victims decided to share.

As reported by the specialists from FireEye that over half-a-billion messages were sent between January and June 2018. They initiated that one in 101 emails are fraud and were sent with the aim of comprising a client or framework

Monstrous stuff, right? Nobody likes being deceived, least of all in-room of putting your feet up and plunge into a sugar-induced unconsciousness. That’s why we’re fatal serious about safekeeping this Halloween to shield your organization and assist you to recognize a phishing attack from a mile away.

As we think about the risks, let’s outline ways in which we can help alleviate the effect of these threats

Since we are clear about phishing attacks, what ought to be done to prevent or diminish them. From the discussion above, one thing is understandable that all these thefts are an answer to ineffective identity checks.

Here are two ways to protect against phishing attacks by fraudsters

Unite identity verification services

Identity verification is rising in demand due to a spiking trend of online frauds and cybercrimes are no exception. Online businesses are one of the most targeted industries by criminals. Identity verification solutions aid business owners to dissuade fraudsters and scammers. Through document verification, the organization can have evidence of the authentic identity of the client during the account opening procedure. Additionally, the artificial intelligence-powered identity document authentication, card-not-present, and chargeback frauds make sure that only authentic clients are able to summon the order.

Implement biometric verification

Does the email or URL inquire you to fetch credential or personal data? It’s vital to know financial institutions and banks will never ask for credential data over email, rather guide you to your application or online business portal. No matter how promising an email may seem, never share personal data, especially if you didn’t initiate the discussion in question.

Biometric verification is the answer. Biometric is the distinct human characteristics trait that can’t be tampered with or forged. Especially face authentication solutions which Shufti Pro offers is a safe and effective procedure of client verification. With features like liveness detection and 3D-depth analysis, the remote presence of a client can be ensured at the time of verification. This reduces the risk of malicious attacks and identity theft.

Emily is a tech writer, with expertise in entrepreneurship, and business marketing. She has a knack for technology, & loves to dig out the latest trends in AI.

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