'Whaling' to 'spear phishing': Arctic Wolf on securing your business

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Promoted | While social engineering attacks may appear to differ in terms of techniques and goals, they all follow the same cycle.

engineering is vital in our technology-driven world, where individuals are manipulated into compromising security through tactics like phishing emails and impersonation.

For an individual user, a social engineering attack can look like a fraudulent e-mail with a malicious link. For a company, it can look like a ransomware group convincing an IT helpdesk to hand over access to internal systems.

data, the attack vector was responsible for 30% of all attacks in 2023 and according to the FBI caused more than US$2.7-billion in losses in 2022 alone.Phishing is the most prevalent form of social engineering attack and involves hackers impersonating trusted entities to deceive targets into providing access to sensitive data. According to the 2023 Verizon Data Breach Investigation Report, phishing made up a staggering 44% of all social engineering attacks.

 

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