Don't get phished: Businesses here lost around $43 million in 2017 due to e-mail impersonation scams

The Singapore Police Force received more than 200 reports about business e-mail impersonation scams between January and July 2018, an increase of 9.7 per cent from the same period in 2017.
The Singapore Police Force received more than 200 reports about business e-mail impersonation scams between January and July 2018, an increase of 9.7 per cent from the same period in 2017.PHOTO: ST FILE

You would not allow a thief to enter your home, but what if the thief was disguised as someone familiar and tricked you into opening the door?

Phishing works in the same way - people open the doors to their data, giving up usernames, log-in information or other information to malicious e-mails, links or websites masquerading as reliable ones.

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