Closer Look at Email Fraud
The number of fraudulent email circulations seems to grow with each passing day. Scammers use email fraud with the main motive of deceiving users for their gain. This is especially true in the financial institutions where attackers use domain spoofing schemes to send emails to employees or customers.
How attackers execute various types of email fraud
Some of the most common ways that cyber criminals attack their targets include using lookalike domains, phishing, and domain spoofing. Here are some definitions that could help you detect email fraud.
Fraudsters may use look-alike domains to steal information from unsuspecting email users through the creation of fake domains. They do this by changing a few unnoticeable characters to look like the original URL.
- Phishing: This is the use of fraudulent tactics where cybercriminals impersonate trusted entities or individuals by creating fake websites. The aim of phishing is to obtain sensitive information such as usernames, card details, or even passwords for their gain. It is very important to have a solution that provides anti-phishing protection.
- Domain spoofing: The use of domain spoofing is another form of phishing where the attackers may impersonate a business partner, an organization, or pose as a company’s employee when sending emails.
How to handle a suspicious email
A suspicious email should be handled with precaution as it may be used as a trap by scammers in a phishing scheme to extract information. Besides this, one should be wary of inappropriate messages or images, viruses, or malicious software and employ a system of email threat protection. The following four highlights illustrate what one should do upon receiving a suspicious email.
- Avoid opening or responding to junk email
It is advisable not to open suspicious junk emails that may end up stealing your information. You can also delete the email without having to open unless you are sure it is from a legitimate source.
- Do not trust deals or offers that appear too good to be true
If an email message appears to be overly promotional, one should think twice as it may be a trap to lure you to a scam.
- Never disclose any personal or financial information
One of the most common phishing tactics is to send emails with pop-up windows when it comes to the various types of email fraud. The main objective here is to have you fill in your personal or financial details that are then used by scammers to obtain data.
- Take precaution when approaching attachments on email messages
Some of the attackers use email attachments to spread viruses to the receiver’s machine, hence, one should avoid them if they seem suspicious.
Best ways to report and maximize security as an email user
It is advisable to report suspicious emails especially if one spots anomalies in messages to the relevant company. Otherwise, unreported cases may lead to huge scams or continual defrauding of innocent email users. Again, for your protection, security cautious companies may want to use highly secured email technology provided by a security solutions company to protect against email fraud.
At Spambrella, our technical expertise can help to protect against any kind of cyber threat to maximise the protection of your inbox. Contact our experts today to arrange a demonstration of our technology, or to find out more about our services.