Phishing Attacks Reach Historic Heights

How Your Franchise or Small Business Can Fight Back  

Phishing attacks are on the rise, even for franchises and small- to medium-sized businesses. Cyber attacks have reached historic heights since 2020. More than 75% of global IT executives report seeing significantly more phishing attacks than before the pandemic. 

According to the 2021 Threat Report by IDG, Carbonite and Webroot: 

  • Phishing attacks spiked by 510% from Jan. to Feb. 2020
  • Attacks continued to rise by 34% from Sept. to Oct. 2020
  • 75% of IT execs say they’ve suffered negative consequences from phishing attacks, such as: 
    • Downtime for more than 24 hours
    • Data exposure
    • Lost productivity 
    • Had to pay legal or regulatory fines

Don’t let your employees or company become a victim! Stay informed about the latest phishing scams and equip your network with the right monitoring software, so that you can keep cyber predators OUT of your operations. 

New tactics for targeting businesses 

New variants. More shutdowns. Cyber criminals are preying upon COVID 19 fears. Here are a few of the new tactics these bad actors are using to gain personal information from phishing victims: 

  • New information about another shutdown 
  • Request to share your COVID stats             
  • Prompts to “click here” for suggested information from your doctor                        

An insurance policy for your business 

While these nefarious hackers are using new tactics to target businesses big and small, there are ways to fight back and protect your company.  Data security awareness training for employees as well as a best-in-class layered approach to cybersecurity are key. Endpoint Detection Response (EDR) is the new, next-generation of computer protection defending against threats where traditional antivirus falls short. Ensuring EDR is part of your cybersecurity arsenal is critical. The best insurance policy for your business is protecting your assets with a managed network that is fully secure. 

Interested in learning more? Let’s chat!