In spite of all the hype surrounding advanced threats such as ransomware and malware, the classic technique of phishing continues to maintain its position as the primary tool in a cyber criminal’s arsenal.

Phishing involves attempts to deceive individuals into revealing personal details, such as passwords or credit card numbers, by sending deceptive emails or text messages that appear genuine.

According to the most recent annual survey on cyber breaches, 79% of businesses fell victim to phishing attempts within the past year. Moreover, if your workforce lacks proper training in cyber security awareness, approximately one out of every three employees is susceptible to falling for a phishing scheme.

This reality can be quite unsettling.

You might be wondering, “Certainly, it’s concerning, but is it truly that dire?” Let’s dissect the potential consequences of a successful phishing attack.

Implications for your business
Imagine this scenario: one of your staff members clicks on a malicious link in an email, resulting in sensitive company information falling into the hands of cyber criminals. The outcome could encompass financial losses, reputational harm, and a substantial ordeal to manage.

Effects on your personnel
But there’s more – the ramifications don’t solely impact your business. The employee who inadvertently clicked that link might be grappling with a sense of guilt akin to a dog caught snatching a steak from the dinner table. This emotional turmoil could lead to stress, diminished productivity, and potentially even an increase in employee turnover.

Turning adversity into advantage
As a business owner, your approach to handling such incidents can wield significant influence. Assigning blame and pointing fingers will only cultivate a toxic workplace atmosphere.

Instead, why not transform these episodes into valuable learning opportunities? By doing so, you cultivate a culture characterized by empathy and transparent communication. It’s important to remember that everyone is susceptible to errors – what truly matters is how we evolve and learn from them.

How can we effectively counter phishing? The answer lies in a single word: training. Consistent education in cyber security awareness can substantially curtail the chances of successful phishing attacks. Furthermore, it serves as a bulwark against an array of other cyber security threats. The wisdom of implementing such training seems self-evident.

If this is an area where we can offer assistance, please don’t hesitate to reach out.