Intelligent CIO Africa Issue 21 - Page 95

/////////////////////////////////////////////////////////////////////////////////////////// FINAL WORD “ OUR APPROACH BEGINS WITH HUMAN INTELLIGENCE AND RELIES ON IT THROUGHOUT. the CEO – sent to an employee in finance and requesting a quick wire transfer. The latter is a classic case of business email compromise (BEC), which the FBI estimates will cause over US$9 billion in losses in 2018 alone. In short, there is no easier way for fraudsters and threat actors to target your organisation than with phishing emails. It costs the phisher little – he doesn’t need a gun to rob you. What is the Cofense approach to phishing defence and how does it leverage human intelligence? Our name says it all. Cofense (formerly PhishMe) believes that only a collaborative defence can stop phishing in its tracks – as soon as attacks hit and before they do grave damage. Our approach begins with human intelligence and relies on it throughout.Cofense PhishMe, our security awareness and phishing simulation solution, conditions employees to recognise suspicious emails and report them with one click using Cofense Reporter. By sending simulated phishing emails – especially scenarios based on real attacks – organisations not only educate the people who are the targets but train them to help generate a stream of human intel. INTELLIGENTCIO 95