What are the effects of phishing on businesses?

What are the effects of phishing on businesses?

Phishing can lead to significant financial losses, data breaches, and damage to a company's reputation.

Can you explain how phishing attacks typically occur?

Phishing attacks often occur through deceptive emails or messages that trick users into providing sensitive information.

What can businesses do to protect themselves from phishing?

Businesses can implement security training, use email filtering, and adopt multi-factor authentication to mitigate risks.

Are there any real-world examples of businesses affected by phishing?

Yes, many companies, including large corporations, have suffered data breaches due to phishing, leading to financial and reputational damage.

How can employees recognize phishing attempts?

Employees should look for suspicious email addresses, poor grammar, and urgent requests for personal information.