Local comedy and entertainment agency, Goliath & Goliath has been the latest to fall victim to an email scam.
The hackers took R300 000 from the company through phishing. They gained access to the company's emails and requested clients to make payments to a different bank account.
These kind of attacks are getting harder to spot than they used to be and have become a lot more sophisticated.— Brian Pinnock, Cyber resilience expert at Mimecast
There is a name for the phishing attacks that target CEOs or directors of companies it's called 'whaling'.— Brian Pinnock, Cyber resilience expert at Mimecast
Businesses are finding it really hard to defend against this.— Brian Pinnock, Cyber resilience expert at Mimecast
Find out what the challenges are in dealing with phishing...
This article first appeared on 702 : Cyber expert says whaling as well as phishing is on the rise