In a new white paper addressing the phishing problem, Red Condor asks the question, "What is the cost of corporate ignorance?" Recent widely publicized cyber attacks and industry research suggest that companies and their executives have ignored the phishing problem or even scoffed at the notion that phishing poses threats on par with traditional methods of corporate espionage. Red Condor's paper suggests that companies must make security a part of everything they do and develop their products and services with a primary consideration on protecting their corporate data and customers' information. When they fail to do so, the results can be catastrophic.

 

"All it takes is one careless or lazy individual to click on a link or download an attachment in an email to give scammers the access they need to steal usernames, passwords and other sensitive information," said Dr. Tom Steding, CEO of Red Condor. "In order to stop phishing, corporate executives and email users must grasp the size and scope of the phishing problem and then change their behavior."

 

The white paper is available at http://www.redcondor.com/resources/whitepapers/0710.phishing-white-paper.pdf.