At one point, it seemed that phishing was receding to the status of a minor issue threatening only naive consumers. But a new version has emerged, fueled by new cybercriminals and new phishing techniques. New types of phishing campaigns are particularly worrisome for businesses because:
- They are aimed at businesses (including small and midsize businesses) rather than consumers.
- They evade traditional antivirus and antiphishing products.
- They can fool even security-savvy computer users by using information gathered from social media and other web sources.
- They often target employees with access to the most sensitive information, such as bank accounts, customer lists and intellectual property.
In this white paper we will summarize the decline of Phishing 1.0 and discuss how phishing has turned toward business and become more costly.