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Phishing in Business: How to Protect Your Business from Sophisticated Fraud

October

Phishing in Business: How to Protect Your Business from Sophisticated Fraud

phishing in companies fraud portugal

Sophisticated fraud schemes are targeting organizations of all sizes in Portugal, potentially causing losses of thousands of euros and compromising the security of financial and employee data.

To reduce risks and protect the business, it is essential to implement cybersecurity strategies , protection technologies, and continuous team training.

What is Phishing and Why is it a Growing Threat?

Phishing is a digital fraud technique that uses fake emails, messages, and phone calls to trick employees into obtaining sensitive information. With the increase in targeted attacks on companies, it's essential to adopt preventive measures, both technological and behavioral.

Practical measures to protect your company

1. Mandatory validation of financial instructions

Never make changes to your bank account number (NIB) or payment instructions based solely on an email. Always confirm by phone or by contacting the responsible person or entity directly.

2. Multi-factor authentication (MFA)

Implementing MFA in email and financial systems adds an extra layer of protection, making unauthorized access nearly impossible for cybercriminals.

3. Automatic alerts and monitoring

Set up automatic notifications for IBAN changes or suspicious payments in your ERP or invoicing system. Constant monitoring allows you to detect and react quickly to any suspicious activity.

4. Continuous team training

The team is the first line of defense. Train employees to recognize signs of phishing and reinforce good internal communication practices, significantly reducing the risk of fraud.

I was phished, what now?

If an attack occurs:

  • Keep all evidence, including emails, attachments, and headers.
  • Report immediately your bank to block suspicious transactions.

    Report the attack to official entities: CERT.PT or to Judicial Police – Cybercrime Division.

Samsys' technology solutions for phishing protection

Samsys offers customized business security solutions , protecting the company's internal network, emails, and financial systems. These solutions enable :

  • Reduce the risk of phishing and malware attacks
  • Monitor financial changes and suspicious activity
  • Ensure protection of sensitive employee and customer data

    Don't wait until it's too late: implement effective security measures and protect your business from phishing today.

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Phishing in Business: How to Protect Your Business from Sophisticated Fraud

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