// Cybersecurity

Phishing

Phishing is a type of cyberattack where attackers impersonate trusted entities through email, text messages, or websites to trick individuals into revealing sensitive information such as passwords, credit card numbers, or personal data.

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Why It Matters

Phishing is the number one attack vector in cybersecurity. Over 90% of successful cyberattacks begin with a phishing email. It bypasses technical defenses by targeting the weakest link — human judgment. The damage goes beyond stolen credentials: phishing leads to ransomware infections, business email compromise (BEC) fraud costing billions per year, and data breaches that trigger GDPR notification obligations.

Types of Phishing

  • Email phishing — mass emails impersonating banks, services, or colleagues. The most common form.
  • Spear phishing — targeted attacks directed at specific individuals using personal information gathered from social media or data breaches.
  • Whaling — spear phishing targeting senior executives (CEO, CFO) for high-value targets.
  • Smishing — phishing via SMS text messages (e.g., fake delivery notifications).
  • Vishing — voice phishing via phone calls impersonating IT support, banks, or government agencies.
  • Clone phishing — duplicating a legitimate email and replacing links or attachments with malicious ones.

Warning Signs

  • Urgency — "Your account will be suspended in 24 hours"
  • Sender mismatch — display name says "Microsoft" but email is from random domain
  • Suspicious links — hover to check; URL doesn't match the claimed organization
  • Generic greetings — "Dear Customer" instead of your name
  • Grammatical errors — though AI-generated phishing is increasingly polished
  • Unexpected attachments — especially .exe, .zip, or macro-enabled Office files
  • Requests for credentials — legitimate organizations don't ask for passwords via email

Prevention

  • Security awareness training — regular, practical training with simulated phishing exercises
  • Multi-factor authentication (MFA) — even if credentials are stolen, MFA blocks unauthorized access
  • Email filtering — DMARC, DKIM, and SPF to prevent email spoofing
  • Incident reporting culture — make it easy and safe for employees to report suspicious emails
  • Zero-trust approach — verify every access request, regardless of source

Key Statistics

  • 3.4 billion phishing emails are sent globally every day
  • BEC losses exceeded $2.7 billion in 2022 (FBI IC3 report)
  • Average cost of a phishing-related data breach: $4.76 million (IBM, 2023)
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