In the advent of widespread electronic communication we relied on a password for verifying the identity of a person. As it turns out, passwords are not secure enough to trust most information with. Two Factor Authentication to the rescue! right? Well, it’s not so easy.
As systems have become secure, the attackers have shifted their focus on capitalizing on the weakest link – Humans. While 2FA has somewhat solved the problem of people using ‘password’ or ‘1234’ as their passwords, it cannot fix the inherent problem with humans. We make decisions based on our knowledge which is flawed most of times. Attackers take advantage of this to carry out social engineering attacks such as phishing.
Risk of Phishing attacks
Verizon Data Breach Investigation Report 2019 observed Phishing was used in 32% of confirmed breaches, and also 78% of cyber-espionage cases. Additionally, VDBIR also states that 29% breaches involved the use of stolen credentials which again is commonly accomplished through phishing attacks.
Due to the large number of successful phishing attacks, VDBIR mentions it as a #1 Threat Action.
Phishing attacks on Office 365
As such, there have been multiple attacks against Microsoft’s Office 365 platform which hosts productivity apps and documents, very important to businesses.
This phishing campaign uses Google’s Ads services to get around secure email gateways. Here you can see how blindly trusting anyone, even Google, can backfire.
With the popularity of Zoom skyrocketing, the attackers have been bandwagoning onto the new attack vector to target Office 365 logins. The trick they used is to rush the users by making them believe that their Zoom account might get suspended. Oh! The horror of not attending a meeting!
All the more reason to protect yourself against such attacks.
Effective Mitigation for Phishing: Go Passwordless
When all the training campaigns are failing & URL checking anti phishing measures are proving to be far more intrusive, you can effectively mitigate the risk of Phishing by going Passwordless.
With PureAuth passwordless authentication, you can effectively mitigate the risk of having your password stolen by phishing and a number of other methods.