Security is only as strong as your weakest link, which is usually an employee. In fact, “91% of cyber attacks and the resulting data breach begin with a spear phishing email,” according to a 2016 report from PhishMe. Simply put, a majority of attacks are the result of an employee clicking on an email that contains malware.
Cyber-attacks are becoming more prevalent and employees at all levels need to be aware of how to protect their information. Below are a few quick tips on what to focus on when it comes to cybersecurity training:
1. Concentrate on phishing scams and social engineering
2. Standardize password policies
3. Include training during onboarding
4. Make an incident response plan
Recently, a local company called on Winquest to help after two phishing attempts, the second being successful.
The company’s bookkeeper received an email that looked like it came from a legitimate email address within the organization. The email asked that this employee’s next paycheck be moved to a different account than it normally deposited to. It wasn’t until the bookkeeper approached the employee in person to verify the account change that they realized it was a phishing email. First phishing attempt thwarted because the bookkeeper verified the authenticity of the request before taking any action.
Second (successful) attempt
The second phishing attempt on the same company was unfortunately successful. An employee received an email from who she thought was the company president, who was on vacation at the time. The exchange was as follows (names changed for privacy purposes).
Email from the “president”: How quickly can you get to the store? I need you to purchase some gifts for some specific clients. I would provide you with details on what product of gift cards and the exact quantity and amount needed. I can’t take calls, because I am in a meeting. I have my iPad next to me so I can quickly respond to your message”
Response from employee: “I have a meeting at 1, but should be done by 1:30ish so I can go after if that’s helpful. Just let me know what you need!”
“President”: “What I need is Google Play cards of $100 face value. I need 6 of each card. That’s $100 X 6 = 600. Scratch the back out and email me the codes or pictures of the scratched codes. Let me know. Thanks.”
Employee: “OK, I can buy them online and send the code directly to your email. You should get them in a moment.”
“President”: “E-Gift Cards takes 24hrs to activate, get the physical cards and email them to me.”
Employee: “Just tried to buy them and was denied because of a few things:
1. Store policy only allows $400 of gift cards at a time
2. The name on the card has to be the name of the purchaser
So, how urgently do we need these? I could ask either Amy or Jessica to go out and get $400 worth, or I could get them online if we are good with waiting 24 hours.”
“President”: “You can ask Amy or Jessica to get them.”
Employee: “Ok, I am sending Amy the details, she is in a meeting but said she will go when she gets out.”
“President”: “Have you purchased the cards?”
Employee: “Just sent them all your way, please let me know if you have any issues with them!”
“President”: “Thank you. Cards received and sent out accordingly. Sadly, I would need you to get 10 more cards. Let me know when you can get that ASAP. Thanks.”
Employee: “10 more meaning $500 worth or 10 more meaning $1000?”
“President”: “Have you been able to purchase the cards?”
It was after this message that the employee realized they had fallen for a scam. However, it wasn’t a sophisticated approach at all. One look at the email address it was sent from would have tipped the employee that the emails weren’t in fact coming from the company president.
The company employee is not alone and attacks like this happen frequently due to lack of awareness training. The lack of employee-level cybersecurity training is concerning, seeing how prevalent these attacks are and how expensive they can be. In fact, the average cost of a phishing attack for mid-size companies is $1.6 million, according to PhishMe.
Since this attack, the company has agreed to be a pilot for a new Winquest employee-level cybersecurity awareness training program. This training program is effective, convenient and inexpensive and follows our goal of making cybersecurity services affordable for all businesses.
For information on Winquest cybersecurity training for your employees, contact us at email@example.com or visit https://winquestcyber.com/ to see our other offerings.