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So, the finance department gets an email.

07//23

The email went like this. (The names of the victims have been changed to protect the identity of the individuals)
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Hi John,
 
I hope all is well with you today. I recently changed banks, and this one is close to my home. I apologize for sending this last minute. I know your department is working hard on payroll, but I have closed the bank account currently on file and do not have access to it any longer. Could you please change it to the bank information below. My mortgage payment is coming out of this paycheck coming up. Thank you so much.
 
Routing Number: 420396899
Account Number: 34642381
 
Sincerely,
 
Joann.
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After reading the email, the finance department quickly changed the account to ensure Joann got her paycheck. And just like that, the real Joann did not receive a paycheck that week. Phishing emails are a common technique used by cybercriminals to gain access to sensitive information. They typically appear to be sent from a legitimate source, such as a bank, social media platform, a known person, etc. They are intended to deceive the recipient into disclosing private information or clicking on a harmful link.
 
The email may contain a sense of urgency, urging the recipient to act quickly or risk losing access to their account or funds. It may also include a link to a fake website that looks real but is designed to collect login credentials or other sensitive information.
 
It's crucial to exercise caution when opening emails from unknown senders or clicking on any links inside them to avoid falling for a phishing scam. Always verify the sender's and website's legitimacy before entering personal information, and never provide sensitive information via email or phone. By staying vigilant and aware of the tactics used by cybercriminals, you can protect yourself and your personal information from harm.
 
Having robust policies is crucial in the context of phishing. Cybersecurity policies can describe the company's strategy for safeguarding confidential data, such as customer or financial information. It lays out standards that staff members must adhere to when managing sensitive information and lists the penalties for doing otherwise.