Phishing – the danger that lurks on the net

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Cyber Security
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Security Awareness
Phishing symbolism: A debit/credit card is pierced by a fishhook.

Many cyberattacks begin with phishing—via email, text message, QR code, phone call, messenger message, or through deceptively authentic login pages. Phishing is particularly dangerous because it not only exploits technical vulnerabilities but also targets people directly: their willingness to help, their insecurity, their time pressure, or their trust.

Use this blog post as a training opportunity in your organization. Post it on your intranet and educate your employees with a micro-training session.

[Written: 24th May 2022; updated: 25th May 2026]

Cyber risks such as phishing, ransomware, data theft, and IT outages have continued to grow in significance in recent years. This is also reflected in the latest Allianz Risk Barometer 2026 (1): Cyber attacks have ranked first among global business risks for the fifth consecutive year. 42% of respondents cite cyber attacks as a key risk. Particularly striking: risks related to artificial intelligence have also risen sharply and already rank second globally.

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Attackers are increasingly targeting not only large companies but also small and medium-sized enterprises. In Switzerland, the threat level remains high (2): The National Center for Cybersecurity (NCSC) received 29,006 voluntary and 145 mandatory reports of cyber incidents in the second half of 2025 alone. 52% of these reports were classified as fraud. Recent studies also show that there is still a need for action among Swiss SMEs. In the 2024 Cyber Study (3), 67% of SMEs reported that they raise employee awareness about phishing emails. However, only 32% conduct regular training sessions. This is precisely where there is significant potential: employees need not only to be introduced to phishing once but to undergo regular training so they can recognize suspicious messages more quickly in their daily work.

If a company is successfully attacked with ransomware via phishing, production can come to a standstill for anywhere from one day to several weeks until the damage is repaired. In some cases, it also takes months for affected companies to realize that they have been the victims of a cyberattack.

The most common attacks involving ransomware or other malware are carried out via phishing emails. Why? Because people are one of the most successful entry points for attacks. Hackers rely on their victims’ ignorance, helpfulness, gullibility, or uncertainty. Creating a phishing email is easy and inexpensive to create and can be sent to thousands of people simultaneously with the click of a button. And with every such attack, dozens, if not hundreds, of people fall for it.

Spam filters often cannot detect all phishing emails in time. That is why it is important that all employees are trained to recognize phishing on their own and thus contribute to protecting the company.

In this article, we take a closer look at the topic of phishing. What is phishing? How can you spot phishing emails? What can be done to prevent phishing?

What exactly is phishing?

These days, each of us—whether a private individual or an employee—is a potential target of hacker attacks and, consequently, of phishing. You’ve probably received a phishing email yourself at some point.

Attackers are becoming increasingly professional, making it harder and harder to spot phishing emails. It’s crucial to approach emails with a critical eye.

Attackers use phishing emails, instant messaging, personal messages, or websites to try to obtain their victims’ data. Login credentials such as passwords, usernames, or account information are particularly sought after. Ransomware can also be introduced onto a PC or corporate network via links and compromised websites.

Once a hacker has gained access to user accounts or networks, customer or business data can be spied on or stolen. Money transfers can be made, systems can be manipulated, or even be rendered inoperable. An initial attack is often followed by further attacks, which can lead to significant financial losses and damage to a company’s reputation. In severe cases, this can even lead to bankruptcy.

The different forms of phishing

There are different forms of phishing. Basically, each one has the same goal: to get data. However, some forms of phishing are more obvious, while others are more difficult to spot because they are more sophisticated.

  • Fake websites, emails, and text messages:
    Attackers use emails or websites that look deceptively real to persuade their victims to enter their personal data in a fake web form or in an email. The messages often contain links that lead to fake websites and ask for data entry. For example, this can be a fake login page from your bank or from your employer. Attackers frequently exploit well-known brands, government agencies, or trusted services. The NCSC Anti-Phishing Report 2024 (4) shows that 338 different brand names were misused on reported phishing websites. 63.9% of reported phishing websites used Swiss brand names, while 31.1% used foreign brand names. This makes phishing particularly dangerous because the messages appear familiar at first glance.
  • Malware in file attachments or on websites:
    Via email, victims are tricked into opening a malicious attachment or visiting a malicious website. The attachment or the website then automatically installs malware on the computer without the user noticing. This gives cybercriminals direct access to the victim's device or network and their data.
  • Spear Phishing:
    Spear phishing messages are specifically tailored to the victim. Before an attack, cybercriminals gather information on the Internet, for example on LinkedIn or Facebook, about their victims. They use the information obtained in the phishing message and thus increase credibility. This raises the chances that the victim will fall for the message and provide their details. This type of phishing takes more time for the cybercriminals and often targets people in finance, HR, senior management, or product development. Influential or respected personalities from politics, show business or business are also popular victims. But look out – even the "average consumer" can become such a target!
  • CEO fraud:
    In the case of CEO fraud, emails are sent from the "CEO" to people with decision-making authority in the financial sector, e.g., someone from the finance department or a personal assistant. The supposed "CEO" asks these people to urgently transfer money to a specific address, for example, claiming that otherwise a transaction cannot be concluded. Once the money has been transferred, the company has little chance of getting it back.
  • Vishing:
    Vishing is derived from voice phishing. The scam is perpetrated over the phone. Attackers pretend to be friends, colleagues, support staff, or Microsoft employees to obtain confidential information or to trick you into installing malware. Always be careful who you talk to and who you give information to. In the second half of 2025, the NCSC continued to observe widespread vishing campaigns and so-called real-time phishing attacks (5). In some cases, victims are pressured into taking immediate action via fake search engine ads, phone calls, or deceptively authentic websites.
  • Smishing:
    Smishing is derived from SMS phishing. The attack is not sent via email, but - as the name suggests - via SMS to your smartphone or tablet. Again, the sender asks you to reveal confidential information. With this new method, attackers take advantage of one of the most popular means of communication, knowing full well that victims trust this medium and are sometimes unaware of the damage that SMS can cause.
  • Prompt Bombing:
    This is a now-well-established social engineering technique, also known as MFA fatigue or MFA bombing. First, the attacker obtains the victim's login credentials. The attacker then uses this credential to repeatedly log in to a website that supports multi-factor authentication (MFA). If the victim uses MFA, he or she will receive login prompts over and over again. Eventually, the victim becomes so stressed that he or she inadvertently confirms the additional factor, giving the attacker access to all the information. Important: An MFA request should only be confirmed if you initiated the login yourself. Unexpected login prompts should be rejected immediately, and the IT Service Desk should be notified.
  • QR-Code/Quishing:
    QR code phishing, also known as quishing, is an increasingly common method. Fake QR codes redirect users to a fake login page, where they are then asked to enter login credentials, payment details, or other confidential information. The problem with QR codes: You often can’t see the URL until you open the page, so you can’t verify it. In addition, QR codes are frequently scanned using a smartphone—meaning they’re accessed outside the company’s usual secure environment. Therefore, always verify that the destination page is truly trustworthy, even when using QR codes.
  • Deepfake:
    With advances in artificial intelligence (AI), the capabilities for manipulating videos, photos, or audio recordings to make them appear deceptively real have become significantly more sophisticated. Attackers can imitate voices, faces, or writing styles, thereby creating particularly credible fraud attempts. For example, a deepfake call can be created by a CEO instructing their CFO to transfer a specific amount to a person or organization. Due to rapid technological advancements, it is becoming increasingly difficult to detect such deepfakes. This makes clear internal approval processes, call-back rules, and dual control principles all the more important for sensitive decisions. Especially when dealing with unusual payment requests, confidential information, or last-minute instructions, one should never rely solely on voice, video, or email.

Conclusion: No matter which channel cybercriminals use to attack: The attackers’ goal is always to get you to click on a link, open files, install malware, disclose sensitive data, or execute transactions. With AI, deepfakes, fake QR codes, and more realistic messages, these attacks are becoming increasingly difficult to detect. That’s why it’s no longer enough to simply look for spelling mistakes or suspicious senders.Employees must learn to question the intent behind a message.

Detection of phishing emails

To protect yourself from phishing, it is important to recognize such messages. Certain characteristics allow you to recognize phishing.

1. Strange sender

Is the sender unknown to you? Have you never been in contact with this email address? Then you should be suspicious!

This also applies if the sender, i.e., the email header or the email address, does not match the stored Internet link (example: mailto:no_reply@europcar.ch / website: www.europcart.ch). Sender addresses are easily forged, often containing small errors or a different URL (e.g., .net instead of .com). Another sign is a personal return address (e.g., @gmail.com or @outlook.com), even if the message is supposed to be from a company.

Warning: Even seemingly genuine senders can be faked or compromised. Therefore, check not only the sender’s name but also the specific email address, the message content, and the context.

2. Unusual or dubious email attachments

Email attachments can infect computers and networks with malware. Therefore, dubious attachments should not be opened. If in doubt, check with the sender. Important: Do not reply in the message but choose another communication channel such as the phone. If you are unsure, it is better not to open the attachment.

When using Windows, make sure that the "File name extensions" selection is activated in the "View" tab in Windows Explorer. If this setting is deactivated, the file type is not immediately recognizable. There is therefore a risk that manipulated extensions such as "Document Name.pdf.exe" will not be recognized and that a file containing malware will be opened. You should also exercise particular caution with Office files, ZIP files, purported invoices, delivery documents, job applications, or scans. It is precisely these everyday documents that are frequently used to build trust.

3. Impersonal address

An impersonal form of address, such as "Dear customer", can be an indication of phishing. But be careful: Cyber criminals can find out about their victims via social networks or search engines and write to them in a targeted manner (so-called "spear phishing"). A personalized greeting alone is therefore no proof of a message’s authenticity. Your name, job title, employer, or current projects can be found through public research or obtained from previous data breaches.

4. Grammar and spelling mistakes

Incorrect text, character set errors, missing letters or inflections, grammatical and orthographic errors, letters from other alphabets (e.g., Cyrillic letters). Attention: Letters from another alphabet are often very difficult to recognize. At the same time, phishing messages are becoming linguistically more sophisticated thanks to AI tools. Error-free language therefore does not automatically mean that a message is legitimate. Always check the sender, link destination, call to action, and plausibility as well.

5. Request for urgent action

If you are asked to act within a short time, often combined with a threat (e.g., the blocking of your credit card or online access), this can indicate phishing. Therefore, check carefully whether the request is really justified. An invitation is often "too good to be true". Typical phrases include “act immediately,” “final warning,” “your account will be blocked,” “payment pending,” “urgently approve,” or “treat as confidential.” Attackers create pressure so that you no longer have the time to check things carefully.

6. Entry of data

If you are asked to enter personal data such as a password, PIN or TAN, you should be careful. Remember: No reputable company will ask its customers to change their user data via an attached link or form. Or if so, then without a direct link to the login page. Always use the web page you saved previously to modify user data. Never reply to emails asking for usernames, passwords, or account information, etc. Never enter login credentials via a link in an email, text message, or chat message. Always open the website directly in your browser or via a saved bookmark.

7. Fake links

The message contains one or more links that point to an address that does not belong to the sender's address range. (EXAMPLE Sender: info@ebay.net Link: http://www.paypal.com-verfy-transactionid-7961312693567631367.login.ebay-buyerprotection.net).

Also check that there are no special characters (e.g., from the Cyrillic character set, spaces, etc.) in the URL. To check a URL, hover over the link. The advertised link appears in a pop-up window. If this doesn't work, you will need to enable this in settings. Think carefully about whether or not you need to visit the link and don't just click on it out of curiosity.

Checking links is often more difficult on smartphones. Don’t hold down links out of curiosity, and don’t open shortened or unknown URLs. With QR codes, you should also carefully check the displayed destination address before entering any data.

8. Foreign languages or a mix of languages

Normally the communication is in the recipient's language. Sometimes, like in the example email in the picture, several languages are mixed up. To start with, this is suspicious, and in addition, it doesn't look very professional, for example, when a company ends a German email with the English word "Goodbye". But here, too, the following applies: Modern phishing messages can be linguistically polished and professionally worded. A mix of languages is a warning sign, but the absence of grammatical errors is not a green light.

9. Use of unusual terms

If unusual or unfamiliar names are used for departments, products, or services, you should immediately pay attention. Check the intranet to see if this designation is used within the company. If not, report and delete the email. Also be on the lookout for unfamiliar processes: new payment methods, new approval workflows, new login pages, new contacts, or unusual communication channels. If something deviates from the normal procedure, it should be investigated.

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The right action if phishing is suspected

If you receive an email that seems suspicious to you or you clearly recognize it as phishing, always report to your IT service desk immediately. To do this, use the method that is customary in your company (e.g., by forwarding the email to the IT Service Desk or reporting via a specific button in the email program).

Only with your help can phishing attacks be recognized early and the necessary countermeasures taken. Therefore, it is important that you promptly report such emails, without replying to them and without clicking on any links or attachments contained within them.

The same applies to phishing attempts via other channels such as phone or SMS. Report them to your IT service desk immediately.

If you are unsure whether a message is genuine, always use a second communication channel. Call the sender’s known number, check internal contact information, or ask the responsible team directly. Never use phone numbers or links from the suspicious message itself.

What should you do if you have already clicked?

If you have accidentally clicked on a link, entered data, or opened an attachment, acting quickly is crucial.

Report the incident immediately to your IT service desk—even if you’re not sure whether anything actually happened. The sooner a potential attack is detected, the faster protective measures can be implemented.

Change affected passwords only after consulting with IT, especially if you are using company devices or business accounts. Do not disconnect the device from the network on your own initiative, unless this is explicitly permitted by your company. Follow internal guidelines.

Do not confirm any additional MFA requests unless you initiated them yourself. Notify IT immediately if you receive an unexpected login prompt or have accidentally confirmed one.

Do not delete the suspicious message immediately if your company requires a report with the original message. IT often needs headers, links, or attachments to analyze the attack and protect other employees.

Why training is so important

Technical safeguards such as spam filters, firewalls, endpoint protection, backups, and multi-factor authentication are indispensable. However, they are not enough. Attackers are increasingly bypassing technical safeguards through social engineering, messages that look genuine, stolen login credentials, manipulated login pages, or fake QR codes.

The technical protection of a company’s IT infrastructure is important and must be continuously improved. However, hackers can still very successfully gain access to money, data, and information—and extort ransom—through employees, i.e., the users of the IT infrastructure.

That is why it is so important that the people who use the use the IT infrastructure know how to behave securely. Especially when dealing with phishing.

Train your employees regularly on information security, phishing, social engineering, MFA, QR code phishing, and deepfakes. A one-time training session is not enough. Security awareness is built through repetition, concrete examples, and simple reporting channels.

This will help reduce the risk of a successful cyberattack.

Sources:

  1. Allianz Risk Barometer 2026: https://commercial.allianz.com/news-and-insights/news/allianz-risk-barometer-2026.html
  2. NCSC Semi-Annual Report 2025/2: https://www.ncsc.admin.ch/ncsc/en/home/dokumentation/berichte/lageberichte/halbjahresbericht-2025-2.html
  3. 2024 Cyber study: IT security in Swiss SMEs,  IT service companies  and the Swiss population: https://cyberstudie.ch/wp-content/uploads/2024/11/Cyberstudy-IT-Security-Switzerland-2024.pdf
  4. NCSC Anti-Phishing Report 2024: https://www.ncsc.admin.ch/ncsc/en/home/aktuell/im-fokus/2025/antiphishing2024.html
  5. NCSC: Cyberthreat level remains high – attacks becoming more targeted and complex: https://www.ncsc.admin.ch/ncsc/en/home/aktuell/im-fokus/2026/ncsc-hjb-2025-2.html

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