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A phishing attack is a form of social engineering where cybercriminals attempt to steal user data including login credentials and credit card numbers. This occurs when an attacker, masquerading as a trusted source, such as a vendor or colleague, dupes a victim into responding to a malicious email or text message.
While hackers are using whatever means necessary, including phishing, to target individuals, cybercriminals are increasingly targeting businesses. According to Malwarebytes’ latest quarterly report on cybercrime, there was a 24% drop in cyberattacks against consumers in the first quarter of 2019, but threats affecting companies jumped by 235%.
Whether the cybercriminal is targeting an employee’s money or your organization’s, it's important to be aware of telltale signs, and to know what to do when your business encounters them. Click here for an infographic that will help your organization recognize a phishing attack.