Attacks are often not reported as many companies shy away from going to the police for fear of damage to their image . The police in North Rhine-Westphalia have published that fraudsters in NRW stole almost seven million euros in . Tips for SMEs The most important thing is to sensitize your employees to this type of attack hold lectures and training courses on the tricks of CEO fraud. Test your employees with fake emails. You can ask them to send you sensitive information from a private account. This way you can see which employees need more training. Implement guidelines to follow for unusual payment instructions. These could be for example verifying the instruction and informing the supervisor.
If a transaction has already taken place quick action is required. Notify your bank and the police immediately. Email Phishing In the case of e-mails with malware or e-mail phishing fake e-mails are sent in order to obtain company data. This is done by downloading an attachment containing malware or by requesting personal Specific Database information such as passwords or credit card information. According to a Capterra study on cyber security in the home office of employees have already been victims of a phishing attack. Half of the employees fell for the attack during the curfew caused by the corona crisis.
Hackers are taking advantage of the current crisis situation for their attacks. In a third of the cases the phishing email was related to COVID- e.g. emails with the subject important office safety regulations. Tips for SMEs The same applies to e-mail phishing as to CEO fraud raising awareness training and phishing tests among employees are essential. Also make it clear who to contact in an emergency. To further protect your business from phishing attacks you should consider investing in an email security solution . This helps identify malicious emails suspicious email addresses unsafe domains etc. and sorts them automatically out of.

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