Advertisement
Scams

Don't Fall for a Phisher's Bait

Every type of business is a potential target for scammers using email to steal personal information or do serious damage to computer systems.

Whoever said crime doesn’t pay apparently hadn’t heard of phishing—the hacking technique that targets a company’s e-mail system to steal personal information or lock it down in exchange for a ransom. According to the FBI, hackers made off with more than $675 million through “business e-mail compromise” in 2017.

Think your employer is too small to warrant a phishing expedition? Every type of business is a potential target of phishing attacks, the Securities and Exchange Commission said in a recent report. The fake e-mails don’t have to be sophisticated to do serious damage, either. All it takes is for one employee to respond to an offer of a free salted caramel latte to send a company’s computer network into a tailspin.To avoid being that employee, stay alert for signs that an e-mail may be coming from an unsavory source. Looking beyond the sender’s display name is the most effective way to identify a phisher, says Debraj Ghosh, head of Microsoft Security Product Marketing. Closely examine the user name and domain name, especially the spelling, Ghosh says. If you receive an e-mail from “@amazom.com,” for example, mark it as spam and move along.

Advertisement

Most Popular

HSAs Get Even Better
Financial Planning

HSAs Get Even Better

Workers have more options with flexible spending accounts, too.
July 2, 2020
2020 Stock Market Holidays and Bond Market Holidays
Markets

2020 Stock Market Holidays and Bond Market Holidays

Is the market open today? Take a look at which holidays the stock markets and bond markets take off in 2020.
July 1, 2020
Find a Great Place to Retire
happy retirement

Find a Great Place to Retire

Our cities provide plenty of space to spread out without skimping on health care or other amenities.
July 2, 2020

Recommended

Banks Canceling Credit Cards, Cutting Limits
credit & debt

Banks Canceling Credit Cards, Cutting Limits

If you haven’t used a card in awhile, make a small purchase with it to keep it open. It’s good for your credit score.
June 4, 2020
Milliennials Face Their Second Recession
credit & debt

Milliennials Face Their Second Recession

Forty percent of millennials say the pandemic will likely cause them to delay payments on their debts. Does that include you? Time to take action.
June 4, 2020
When Savings Bonds Make Sense
credit & debt

When Savings Bonds Make Sense

Series I savings bonds are safe options, but don’t go all in.
June 3, 2020
Which Rewards Credit Card Is Right for You?
credit & debt

Which Rewards Credit Card Is Right for You?

Kiplinger's contributing editor Lisa Gerstner joins our hosts Ryan Ermey and Sandy Block to chat about the best rewards credit card picks for every ty…
May 18, 2020