Would you click on the link? What if you were in a rush, checking emails between meetings on your mobile device?
Unfortunately, research shows that a large percentage of employees in a typical organisation will open a phishing link. It only takes one employee to put an organisation at risk.
With criminals becoming increasingly tech-savvy, it is possible to attack a large number of potential victims with minimal outlay or technical ability.
This shift has also been observed when you look at the fraud statistics recently published by the Australian Payments Clearing Association. In 2014, aligned with global trends, Australia has seen an increase in “card not present" fraud (online, phone and or by mail) now costing the banking industry $299.5 million per year.
More and more criminal enterprises are launching targeted fraud campaigns against new technologies.
Examples of email hijacking, where corporations are tricked into paying fake instead of legitimate suppliers using fabricated email instructions further show the sophistication of criminals. Criminals are improving their efficiency and scale.
Given all this, how do organisations adapt, respond and maintain trust? Just as criminals move quickly to take advantage of the ever-evolving and expanding reach of digital, organisations must enhance speed and flexibility in both their risk-management strategies and incident-management responses.
Organisations must not only be innovative and timely in their take up of new technology and digital product offerings but must also ensure they educate their customers, staff and business partners in the risks associated with technology.
Increased partnerships and information-sharing across private and public organisations and industry groups is crucial to promote further awareness and facilitate trust.
The motivation to commit crimes haven't really changed people still want money, power and notoriety but the tools to achieve these aims have shifted and we need to adapt our thinking and respond accordingly. It's an opportunity to look for new ways to build and maintain trust in a digital world.
Steve Glynn is global head of information security, Guy Boyd is global head of financial crime and Damian McMeekin head of group security at ANZ.