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Understanding Social Engineering and Phishing Attacks: A Guide for Businesses and Individuals
Damilola Oyelere
May 8, 2025
3 minutes
You’ve invested in top-tier security measures, rolled out company-wide password policies, and even hosted cybersecurity awareness training last quarter. Your systems are secure—or so you think.
Then it happens. A team member clicks a link in what looks like a legitimate vendor email, and suddenly, your network is compromised. Credentials are stolen. Data is at risk. And you're left wondering—how did this happen?
Why do these attacks still work? Why are even the most tech-savvy teams falling for them? And most importantly, what can you do to protect your team and your business?
Let’s dig a little deeper into how phishing and social engineering attacks occur, because the weakest link in your cybersecurity strategy isn't your software. It's human.
How does Social Engineering work?
Social engineering is a broader term for any manipulative technique used to trick people into giving up sensitive information like passwords or bank details, or taking actions that compromise security, like access to confidential systems. Hackers use digital technology as a device to manipulate people, preying on human psychology like fear, ignorance, and urgency to get what they want.
Social engineering tactics include:
Phishing: a type of social engineering where attackers send deceptive messages in the form of SMS, email, or social media texts that appear to be from a trusted source, which can be from a bank, a colleague, a family member, or even from a popular company or brand
Baiting: This involves offering something tempting, like gifts, which can be in the form of music, a job ad, or links to websites, to make users click on a compromised link
Pretexting: In a pretexting attack, the scammer creates a made-up story (or pretext) to trick someone into giving up information or access. This often involves posing as someone trustworthy, such as an HR rep, an IT technician, or even a police officer.
Tailgating: happens when an unauthorized person physically follows someone with access into a restricted area without using their credentials.
Impersonation: The act of disguising oneself as someone they are not. Impersonation goes beyond a fake email or a call—it’s about playing a role to gain trust. This could happen online, over the phone, or even in person.
Quid Pro Quo (What for What): This is an attack where attackers offer a service or benefit in exchange for sensitive information, such as providing IT support in exchange for password details
Why Phishing is the Most Common and Dangerous Social Engineering Attack Today
It has been found that phishing is a leading cause among social engineering tactics, contributing to about 70 to 90% of data breaches. This makes it a key way cybercriminals attack individuals and organizations to steal money through various means, such as credit card fraud, email scams, or stolen login information. About 1.2% of all emails sent daily are harmful, adding up to a staggering 3.4 billion phishing emails daily.
Phishing is especially dangerous to businesses. Enterprise employees face 20 times more phishing attacks than individuals because organizations hold more valuable data. This threat is no longer limited to emails; mobile phishing attacks have increased by 18%, with attackers increasingly using SMS and messaging platforms like WhatsApp to reach their targets.
What makes phishing even more effective today is its evolving sophistication. More than 40% of phishing emails now come from real, compromised email addresses, making them harder to detect and more likely to bypass basic email filters. This evolution in tactics reveals a major gap in cybersecurity awareness—about 43% of people still can’t spot phishing emails. And even among workers, nearly 45% struggle to identify phishing scams, underscoring the urgent need for stronger cybersecurity training in the workplace.
As of 2024, attackers frequently impersonate trusted brands like Microsoft and Google to trick people into sharing personal information, with such brand spoofing responsible for roughly 30% of phishing attacks. The primary goal in 62% of phishing emails is to steal usernames and passwords, which are then used for identity theft, account hacking, and further cyberattacks.
Ultimately, the statistics are clear: 83% of organizations will experience at least one phishing attack yearly. With phishing attacks growing more targeted and deceptive, raising awareness and training employees remain the most powerful tools businesses have to defend against these threats.
Phishing Type | Key Feature | Prevalence |
Email Phishing | Mass email scams using fake sender IDs | 74% |
Spear Phishing | Targeted attacks using personal info | 65% of successful attacks |
Smishing | SMS/text-based phishing | 18% rise |
Vishing | Voice calls pretending to be legitimate authorities | 28% of orgs affected |
Clone Phishing | Duplicated real emails with malicious edits | 19% |
Social Media Phishing | Attacks through platforms like LinkedIn or Facebook | 33% |
How to Recognize a Phishing and Social Engineering Attack
Phishing and social engineering attacks continue to be top cybersecurity threats to both individuals and organizations. Recognizing the signs early can help prevent data breaches, financial loss, and identity theft. In this section, we'll explore how to identify phishing scams, spot social engineering tactics, and protect yourself from cybercrime.
1. Watch for Suspicious Emails or Messages
Phishing emails are designed to look like legitimate messages from banks, service providers, coworkers, or even government agencies. These emails often contain urgent language and encourage you to click a link, download an attachment, or verify your account.
Red Flags to Look For:
Spelling or grammar mistakes
Generic greetings (e.g., "Dear User")
Unusual sender email address (e.g., support@paypall.com)
Unexpected attachments
Links that don’t match the legitimate domain (hover to check)
Example:
You receive an email claiming to be from PayPal saying, “Your account has been compromised. Click here to reset your password.” However, when you hover over the link, it shows http://secure-paypal123.com—a clear sign of a phishing website.
2. Don’t Trust Unsolicited Text Messages or Calls
Smishing (SMS phishing) and vishing (voice phishing) are rising threats. Attackers impersonate banks, courier services, or customer support to manipulate you into clicking links or revealing personal information over the phone.
What to Look Out For:
Messages with urgent warnings or rewards (e.g., “You’ve won a prize!”)
Unknown callers claiming to be from tech support
Requests for PINs, OTPs, or passwords
Example:
A text message from “FedEx” says, “Your package is delayed. Track it here: http://fedex-delivery-now.com.” The link leads to a fake page that steals your login credentials.
3. Understand Psychological Manipulation Techniques
Social engineering attacks rely on manipulating human behavior. Attackers often use tactics like urgency, fear, curiosity, or authority to influence your actions.
Common Tactics Include:
Pretending to be a boss requesting an urgent wire transfer
Impersonating IT support to “fix an issue” remotely
Creating fake job offers to collect personal data
Example:
A hacker impersonates your manager via email: “Hey, I need you to send ₦500,000 to a supplier ASAP. I’m in a meeting. Will send details shortly.” The attacker is exploiting trust and urgency, a classic social engineering.
4. Be Wary of Fake Websites and Login Pages
Some phishing attacks involve website spoofing. Victims are directed to clone websites that look almost identical to real ones, where they’re prompted to log in or enter sensitive information.
How to Detect a Fake Website:
Insecure URL (missing “https”)
Slightly misspelled domain names (e.g., netflix-billing.com)
Poor design or broken links
Example:
You click on a link in an email from “Netflix,” and it takes you to a login page. The domain reads netfliix-support.com. If you enter your credentials, attackers now have access to your real account.
Tips to Stay Safe from Phishing and Social Engineering Attacks
Always verify before clicking: Hover over links and check sender details
Use multi-factor authentication (MFA) for all critical accounts
Report suspicious messages to your IT or cybersecurity team
Never share sensitive data via email or text
Educate yourself and your team regularly with phishing awareness training
Awareness Is Your Best Defense
Social engineering and phishing attacks continue to evolve—faster, smarter, and more convincing than ever before. While technology plays a role in protection, the real frontline defense lies in human awareness.
From email scams to brand impersonation and mobile phishing, attackers are constantly refining their tactics to exploit trust, fear, and distraction. The statistics don’t lie: phishing is not just common—it’s relentless, and no organization or individual is immune.
But knowledge is power.
By understanding how these attacks work, recognizing red flags, and fostering a culture of cybersecurity awareness, we can significantly reduce the risks. Whether you're an employee, a business leader, or simply someone who uses the internet daily, staying informed and alert is the most effective way to avoid becoming a victim.
Because in the fight against social engineering, your mind is your strongest fighting tool.
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