Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Phishing scams target remote workers
    Business

    Phishing Scams Target Remote Workers

    Published by Gbaf News

    Posted on April 3, 2020

    4 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    An illustration depicting remote workers at their home offices, highlighting the increasing threat of phishing scams in the finance sector. The image emphasizes the need for vigilance against cybercriminals targeting employees working from home.
    Remote workers facing phishing scams during the pandemic - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    By Ed Bishop, Chief Technology Officer and co-founder, Tessian

    As more employees work from home, people need to be even more vigilant when it comes to phishing attacks. Hackers love emergencies and times of uncertainty, because people are scared, distracted, and vulnerable. This makes them ideal targets for opportunistic cybercriminals looking to steal money, harvest credentials or trick people into installing malware onto their computers.

    Businesses, therefore, need to ensure their employees are aware of and protected from the cyber threats. Here are some of the tactics that hackers are using to target people at this time – both at work and on personal devices – and my advice on how you can avoid falling victim to the scams.

    • Posing as a third party
    Ed Bishop

    Ed Bishop

    Businesses will rely on remote-working tools to ensure employees stay connected while working from home. Knowing this, hackers can impersonate popular web conferencing applications, by directly spoofing the domains, in order to trick staff into clicking links that will ‘activate their web conferencing accounts’, for example.

    Always be less trusting of any email asking you to take an action. Look beyond the branding of the email or the display name and examine the full email address of the sender, and any URL, carefully. For example, does the URL look legitimate when you hover over the link? What’s more, your organisation should always send internal communications to let staff know they’ve implemented new tools or platforms. You shouldn’t be hearing about it from the third-party first.

    • Impersonating the out-of-office boss

    Attackers will also impersonate senior executives such as the CEO, the CFO, or the Head of HR, leading with messages that say “need to get hold of you. Please can you send me your personal phone number as I need you to do something for me” or “I’m having trouble logging onto our system, please could you action this payment?” Impersonating a person in power is a common tactic in social engineering schemes. And by working remotely, it’s harder for a person to verify if the request is legitimate.

    In this case, ask yourself, “would I normally be asked to share this information or pay this invoice?” and “would a senior executive ask me to share personal information over email?” If you do receive such a message, I would also urge you to contact the person who requested you to do something – via an internal channel like Slack or an SMS – to confirm it was them before complying with any urgent requests.

    • Impersonating a trusted institution

    We are seeing a growing number of phishing attacks whereby hackers impersonate trusted institutions like the World Health Organisation (WHO), insurance companies and banks to trick people into clicking links to fake websites or downloading malicious attachments. These attacks might ask you, for example, to confirm personal details – which can then be used to try and access your legitimate accounts. The message might also include malicious links asking you to sign in and ‘confirm you are safe‘ or ‘confirm you haven’t travelled to recent affected COVID-19 countries‘.

    If you’re ever unsure, do not click the link, download an attachment or comply with the request. Search for the institution online and find a support contact number, so that you can ask them to confirm whether the communication is valid. Remember, all valid email correspondence from WHO will come from @who.int, not any other variation. And like many other organisations, WHO has stipulated they will never send unsolicited emails containing attachments.

    • Taking advantage of unfamiliar environments 

    Working from home can be an unfamiliar environment for many employees. We are using smaller screens as we rely on our laptops and mobiles, and many people will be working in homes shared by others, be it housemates or family members, so there are bound to be new distractions. This increases the likelihood of people making mistakes at work. Hackers will be banking on this. So be careful and take an extra minute to check the legitimacy of an email, verify the identity of the sender, and consider whether their actions are putting sensitive or personal information at risk.

    During these uncertain times, it’s important that businesses advise customers and employees on the threats on email they could be exposed to while working remotely. People need to know what they will and will not ask for via email, phone, or text so they can understand if something is out of the ordinary. Remind employees about best security email practices, and ensure these security measures are put into place in both their working and personal lives to avoid falling for the scams.

    More from Business

    Explore more articles in the Business category

    Image for Nominate Now: Chairman of the Year 2026
    Nominate Now: Chairman of the Year 2026
    Image for Submit Your Entry Today for CEO of the Year 2026
    Submit Your Entry Today for CEO of the Year 2026
    Image for Submit Your Entry Today for Best Management Team 2026
    Submit Your Entry Today for Best Management Team 2026
    Image for Nominate Your Team: Best Innovation Management Team 2026
    Nominate Your Team: Best Innovation Management Team 2026
    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    View All Business Posts
    Previous Business PostA CEO and Staff Guide to Your Financial Employment Rights During the Coronavirus
    Next Business PostBlackline Making All Premium Training, Select Software, and Expert Coaching Sessions Free to Provide Customers With Confidence in Uncertain Times