Sunday, January 7, 2018

Corporate Espionage Alert - Whale Phishing in 2018

Phishing scams are becoming ever more sophisticated...

We need to focus on people patching and the human firewall,” said Anthony Dagostino, global head of cyber risk at Willis Towers Watson. “This requires more effective training and awareness campaigns to make sure people aren’t clicking on things...


We will see more whale phishing in 2018, where cyber criminals will target individuals based on things like their LinkedIn or Facebook profiles,” Dagostino told Insurance Business. “General counsel, chief financial officers and even board members are being very specifically targeted just for hackers to get certain information they have.

“It doesn’t necessarily have to be for a data breach – it’s really corporate espionage driven. They either want to get information on an up-coming acquisition, or future business plans that they can use for insider trading.” more