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Phishing: Preventing the Bait and Hook in the Pond of Security for Brokers

September 19 2017

Remember a time when a fishing rod, some bait, and a lake was all that was needed for a quiet afternoon of relaxation and fun? Today, we need to deal with a different kind of "phishing." This phishing has gone wild in the digital world and has become the preferred method by the bad guys of obtaining easy access to your corporate email platform. Access to a wealth of desirable information that includes transactional information, wire-transfer directions, and personal identifiable information (PII) of your agents, staff and customers.

The question becomes, "How can I protect my brokerage from becoming a victim of phishing scams?"

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