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Now VAT on the radar of phishing

November 7, 2018
0
Now VAT on the radar of phishing

DUBAI: As the value added tax (VAT) is being implemented by the rest of the GCC after Saudi Arabia and the United Arab Emirates (UAE), Emirates NBD issued a warning over VAT phishing email targeting clients.

“Phishing is still of huge concern to organisations and individuals worldwide. Google stats show that there were 12.4 million potential victims of phishing from 2016 to 2017, and with 56% of IT security decision makers saying that targeted phishing attacks were the top security threat they faced, it’s something that needs to be addressed,” Mahmoud Samy, Area Vice President, Sales, Emerging Region at NBD, said.

“One way to approach this is through enterprise-wide phishing simulations. This gives you a means to test how well your current training program is performing or lets you know the current situation if you don’t have one. A top tip would be to take a baseline measurement of how employees react to one of the phishing exercises before letting people know they are being tested. Then, you have a metric to measure improvement against. A company’s most accurate results will arise from tests conducted when employees have not been forewarned. Ideally, they will be in a typical frame of mind and not in a heightened state of alertness knowing that a test will be conducted soon. This allows companies to more accurately baseline current status.”

Tags: Emirates NBDUnited Arab Emirates
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