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Scam of the Week: Fake Pay Rise Phishing Emails

Found by Cofense, this latest phishing scam seduces those with a soft-spot for cash. Under the disguise of an increase in wages, this scam looks to fool users into giving up their Microsoft Office 365 credentials.

According to the Cofense Phishing Defence Centre, what makes this phishing attack effective is that it comes from an email which is a mock of the human resources department. It claims that the victim is entitled to a company-wide pay rise to which the intended victim is entitled.

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5 Social Engineering Techniques your staff need to know about

We see it on the news all the time – an elderly couple fell for some phone scam and gave the fraudster bank details, before being robbed of all their savings. This may seem like an issue exclusive to vulnerable groups – and that’s exactly what these fraudsters would want you to think. After all, the more ignorant the public are to this growing issue, the more likely they are to succeed. However, these ‘social engineering’ attacks are becoming more common than ever.

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How likely are your staff to fall for a phishing email?

Phishing is one of the most dangerous, yet successful forms of cyber threats to SMEs. Hackers pretend to be trustworthy entities such as clients, colleagues, IT departments or suppliers, and trick you into disclosing sensitive information. According to a survey by Sophos, 41% of businesses reported phishing attacks daily, and over 77% experienced attacks at least once per month.

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