Skip to main content
HomeThe WWS Daily

- News, tips, inspiration you can trust to thrive in today’s digital age.

Search form

Main menu

  • Home
  • News & Features
  • Business & Economy
  • Tech & Trends
  • Health & Style
  • Arts & Culture
  • Contact Us

Common Types of Phishing Attacks and How to Prevent Them

Ayman Totounji April 14, 2024

ayman-totounji.png  CEO of Cynexlink, Managed IT Service Provider.

  WWS contributor info-icon.png

hor-z.png

Rising cases of phishing attacks are a threat to all organizations. Stop the attacks by understanding common types phishing scams, how they work, and best preventive steps.

Common Types of Phishing Attacks and How to Prevent Them

Phishing attacks are showing no signs of slowing down. According to a 2019 Phishing Trends and Intelligence study by PhishLabs, phishing attacks grew 40.9% in 2018, with 83.9% of attacks targeting five industries: financial, email, cloud, payment, and SaaS services.

As of 2023, over 23% of phishing attacks worldwide targeted financial institutions, social media, web-based software services, and webmail respectively, according to more recent studies. Since March 2020, 81% of organizations around the world have experienced an increase in email phishing attacks, according to research from IRONSCALES.

While some industries are the most frequently targeted, phishing attacks have expanded beyond their usual focus on organizations in certain industries and businesses such as financial companies, online service providers, and cloud and document holding firms.

The rising cases of phishing attacks now represents a huge threat to all organizations and businesses, particularly internet-based businesses. Organizations across the board need to understand and identify phishing scams quickly to protect their data and sensitive information.

To help you combat the phishing attacks menace, here’s a list of five common types of phishing attacks and tips to prevent them:

 

1. Deceptive Phishing

 

This phishing attack is the most common type of phishing assault. In this kind of ploy, fraudsters imitate a real organization trying to take individuals' login credentials or personal information.

Those emails often use a sense of urgency or threats to make the users panic and do what the hackers want. For instance, PayPal con artists could send organizations a phishing email that instructs the receivers to tap on a link to identify a disparity with their online account.

But that link redirects the receiver to a fake PayPal login page that gathers the victim's data, such as login details that is the sent to the attackers. The phishing attack's success rate depends on user's level of alertness and how closely a scam email imitates the authentic correspondence from the targeted organization.

To protect your organization and personal information from such attacks, you must access all URLs carefully to check whether they redirect you to some other suspicious site.

Also, look for grammar mistakes, generic salutations, and spelling errors throughout the email to detect fraud messages.

common_phishing_attacks.jpg

 

2. CEO Fraud

 

In some cases of phishing, fraudsters can decide to conduct CEO fraud. It is also known as business email compromise (BEC) phishing.

In the CEO fraud, hackers use compromised email accounts of company CEOs or other higher-level executives and officials to approve false wire transfers to the financial institution of their choice.

The fraudsters can also use those compromised email accounts and email records to carry out W-2 phishing in which they demand W-2 data for all workers with the goal of filing fake IT returns on their behalf, or to post that information on the dark web.

This type of whaling assaults often succeeds where higher-level officials don't take an interest in security awareness training with their workers.

To counter the risks associated with CEO frauds and W-2 phishing, businesses should require all of their workforce—including top executives—take regularly scheduled security awareness training.

Organizations must also consider infusing multifactor authentication (MFA) ways into their monetary approval process so that nobody can authorize payments using email alone.

 

3. Smear Phishing

 

Not all phishing attacks use "spray and pray" methods to find easy targets. A few of them also depend on individual contacts, or they wouldn't be as successful otherwise.

Thus enters smear phishing cons.

In this type of phishing, fraudsters tweak their fraudulent messages with the target's name, company, position, work telephone number and other data in a ploy to fool the recipient into believing they know the sender. The objective is the same as deceptive phishing—they also trick the receiver into clicking on malicious attachments or URL in the scam email.

To combat such phishing emails, organizations must conduct constant security awareness training for their employees. Such training is important to enlighten employees on the scams and dissuade them from posting personal information, company executives records, and other sensitive corporate data on public forums like social networking sites.

You should also invest in anti-malware measures for analyzing inbound emails to identify and flag malicious email attachments and links from scammers. This solution helps identify indicators for both zero-day threats and known malware.

 

4. Vishing

 

Up to this point, we've talked about phishing attacks that depend exclusively on email as a method for correspondence. Email is without a doubt a prevalent tool among cybercriminals. All things considered, though, fraudsters also go to other media to execute criminal activities.

Take vishing, for instance. This sort of phishing attack does not involve sending an email, but rather goes for placing a telephone call.

In this type of scam, an attacker may execute a fraud by setting up a Voice over Internet Protocol (VoIP) server to imitate different entities so as to steal your sensitive information or funds.

Vishing attacks have taken on different structures over time. In September 2019, for example, Info Security Magazine detailed that some digital hackers deployed a vicious vishing attack in an attempt to steal the passwords of UK MPs and parliamentary staff members.

Not long thereafter that audicious attack, other prominent organizations and institutions have also been targeted. The Next Web was attacked by vishers who masqueraded as the boss of their German parent company, tricking a UK subsidiary firm approximately $243,000. 

To secure your business against such vishing attacks, educate your clients not to act on calls from unknown telephone numbers purporting to be your company. Also avoid giving any personal information via a phone call. And use a caller ID app to identify callers and avoid the scams.

 

5. Smishing

 

Vishing isn't the only form of phishing that digital fraudsters can execute through a telephone. They can also conduct other types of telephone fraud attack known as smishing.

This particular type of phishing attack uses malicious and deceptive text messages to fool users into calling back, tapping on a malicious link and or providing their personal information. Like vishers, smishers pose as different entities to get what they want.

Back in February 2019, for example, Nokia cautioned its customers to beware of a smishing campaign where digital cybercriminals acted like the Finnish global telecommunications and conveyed text messages advising clients that they had won a vehicle or cash. The scam on-screen texts at that point asked recipients to send over cash as an enlistment installment for their new vehicle.

Later in the year, WATE published the story of a Knoxville, TN woman who fell for a smishing attack. The lady had cancer and the smishers mercilessly claimed that she could get a government award to help her in paying for her treatment. But for the award, fraudsters asked her to first make a down payment and also pay for the grant's taxes.

You can defend yourself against smishing assaults by researching the unknown telephone numbers and calls online. Call the organization named in text messages to ensure their authenticity.

 

Conclusion

 

Businesses can easily spot common types of phishing assaults by following the tips in this guide. However, that still doesn't mean you will always be able to detect every single phishing attack.

Phishing attacks are continually evolving, taking on new structures and forms. Organize regular security awareness and training programs so that both employees and executives are up to speed on the latest phishing tactics to stay a step ahead of cybercriminals.


Ayman Totounji is the CEO of Cynexlink, a Managed IT service provider company that helps small and mid-sized companies by delivering technology solutions like cybersecurity, Managed IT services and cloud computing.


 

Related stories

 

Most Serious Cybersecurity Concerns Threating Businesses Online

Protect Yourself from the Scary World of Online Identity Theft

Cybersecurity Facts You Need to Know to Protect Your Business

Perfect Security Plan for Your Business

Understanding SSL Certificates: How They Protect Websites & Data Online

Telltale Signs It's Time to Move Your Blog to Better Web Hosting

Best Ways to Keep Your Online Transactions Secure

 

 

SUBSCRIBE TO OUR NEWSLETTER  newsletter icon.png

Get our best content, news, tips, and inspiration in your inbox - free.

No spam. Just great stories. Promise!
 

 

Join Over 20,000 Subscribers!

Get our best content, tips, and inspiration free in your inbox. Subscribe ››

Connect with us:  twitter.gif linkedin-gray.jpg email.gif RSS feed

 

 

 

 

 

Most read this week


Why Consistency Is Key for Creative Success (And Ways to Achieve It)
Why Consistency Is Key for Creative Success (And Ways to Achieve It)
Alexis Davis

5 Tips to Grow Your Business with Video Content Marketing
5 Tips to Grow Your Business with Video Content Marketing
Junaid Raza

Common Cryptocurrency Jargons to Remember
Alexis Davis

office_workers_cyber_security
Industries with the Most Cyber Attacks in the UK
Alexis Davis

 

Got a story or tip for us?

 

Tips_0_0_0.png

Here's how to submit it →

 

 

 

 

EXPLORE MORE ...

black-nav-bar1.png

News & Features  ›


Study Reveals Potential Global Financial Losses Due to Lack of U.S. Tourism

Study Reveals Potential Global Financial Losses Due to Lack of U.S. Tourism

MS_Linkedin_Exec_Image_for_Microsoft_Acquires_LinkedIn_What_It_Means

Microsoft Acquires LinkedIn: What it Means for Both Companies - And for You

How Much It Would Cost to Drive the Length of Britain in an Electric Vehicle

How Much It Would Cost to Drive the Length of Britain in an Electric Vehicle


The Most Annoying Video Call Habits at Work - Are You Guilty?

The Digital Playground: Creating Safe and Engaging Online Spaces for Kids

Understanding Fathers’ Rights in the Child Custody Process

hor-line-blue

Tech & Trends  ›


software-team-man-woman-software-defined-storage-concept

Unlocking the Power of Software-Defined Storage: A Comprehensive Guide

Create a Robust Cloud-Based Business With a Virtual Office

employees-in-the-workplace-technology

5 Key Benefits of Technology in the Workplace


Understanding the Limitations of Antivirus Software

5 Web Accessibility Issues to Avoid

Ethics of Quality Assurance Tech Companies Need to Follow
 

hor_line_yellow

Arts & Culture  ›


How Static and Dynamic Characters Shape the Reading Experience

How Static and Dynamic Characters Shape the Reading Experience

Why You Should Write More E-Books Now

Why You Should Write More E-Books Now

Image for 10 Writing Contests And Why You Should Enter Them

10 Best Writing Contests And Why You Should Enter Them


How Reading More Inspires Better Writing

10 Fun Hobbies & Activities for Couples to Enjoy Together

5 Ways to Make Writing a Lot More Fun

hor-line-brown

Business & Economy  ›


Must-Know Essentials for Digital Nomads Moving to Canada

Must-Know Essentials for Digital Nomads Moving to Canada

Must-Have Features of a Good Contract Management Software

How (and Where) to Find a Business Mentor or Coach


How Salesforce Anywhere Can Transform Remote Work With Real-Time Collaboration

Maximizing Device Compatibility with Restreaming and Packaging: Benefits for OTT Operators

Smooth Operator: 5 Daily Habits that Dramatically Reduce Repair Frequency

hor-line-green

Health & Style  ›


Stay-at-Home Orders Are Lifted and Dental Offices Reopen, What to Expect

As Stay-at-Home Orders Are Lifted and Dental Offices Reopen, Here’s What to Expect

The Challenges Parents Homeschooling their Children Face

Facts & Health Benefits of Ginger Tea You Should Know

hori-3.jpg

Blissful Ways to Pamper Yourself at Low Cost

hori-3.jpg

7 Must-Haves for Hiking, Fishing, and Other Outdoor Activities

hori-3.jpg

The Different Types of Wine Explained in a Nutshell
 

Home | About Us | Contributors | Submissions | Advertise | Disclosure | Privacy Policy | Contact Us

Follow Us:

twitter_e.jpg linkedin-pg.jpg email-updates_icon.jpg

Committed to quality content and journalistic ethics.

RSS rss

Search WWS search-icon-trans_0_1.png

© 2025 The WWS Daily.