Business Continuity Management Systems

There has been a recent uptick in the number of phishing campaigns happening over Microsoft Teams. Though there is a lack of publicly available information on attempts that have happened in the UK, Microsoft has issued an urgent alert warning of a highly sophisticated phishing campaign attributed to the well-known threat actor group Storm-0324.
Not a week goes by that we don’t see a headline in the press that mentions something along the lines of “sophisticated phishing attack” or “new phishing attack approach”.
‘Operational resilience’ has left the world of management buzzwords and is now firmly embedded in operational reality.
Back in July 2020, a pair of well-known Instagram users—one of whom had 2. 4 million followers—were extradited to the US to face charges of conspiracy to commit wire fraud and laundering hundreds of millions of dollars obtained from online crimes.
More than 90% of breaches start with a phishing attack. Hackers are adaptive and opportunistic, so it’s no surprise that some have adapted their phishing attempts so they can land the biggest fish—CEOs and executives—using a technique known as ‘whaling’.
With the wealth of information about business and people available online, it is little wonder that criminals can and do use it for malicious purposes.