Don’t take the bait | Insurance Business America

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Don't take the bait

As industries begin to grasp the true extent of cyber risks, businesses are increasingly turning their focus towards beefing up their cybersecurity capabilities. However, technological solutions have their limits, and many experts say that humans are the weakest point in cybersecurity, with social engineering and human error as major causes of breaches.

Theo Zafirakos (pictured above), chief information security officer at Terranova Security, spoke with Corporate Risk and Insurance about the threat of phishing, which is one of the most popular vectors of cyber attacks.

Phishing is a type of social engineering attack where the perpetrators pretend to be a legitimate entity, such as a reputable business or someone the victim personally knows, to convince the victim to click on a link and enter information on a fraudulent website. This will allow attackers to steal money, personal information or gain access to a target network. It is a corruption of the word “fishing”, as attackers are…

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