Recent evidence has shown that world pandemics, civil unrest, and a tanking global economy has not deterred email scammers one iota. Anyone that naively thought that these fraudsters would be swayed by a conscience have misunderstood their foe. These people are criminals, plain and simple, and as such prey upon people's vulnerabilities, so these current circumstances represent a heightened opportunity for them to ramp up their attacks - especially as employees work from home - away from the protection of their business firewalls.
In fact, fraud statistics have shown that small businesses lost an average of 5% of the gross revenues to fraud in 2018, with online billing schemes comprising of 29% of the frauds perpetrated against businesses with less than one hundred employees. The ransomware statistics are even more chilling:
Yes, the threat is real, and while the overall sophistication of the attacks have increased compared to the old brutish "spray-n-pray" methods of the past, there are a number of simple tips that can keep you safe from these fraudsters, and will defuse a majority of the current phishing threats:
Always remember that there is no anti-virus or security software that will safeguard you and your business as well as common sense. Security threats, ransomware, and viruses do not come through the front door, they penetrate businesses through the weakest link, so teach your team to be vigilant, to distrust by default, and share these simple tips to stay safe.