Unfortunately, social engineering attacks are becoming more frequent, and there are ways to prevent them. Cybercriminals are often creative in their attempts to exploit privileged information. There are many ways that they may launch an attack, and social engineering is an increasingly common strategy. This attack, also called phishing, can trick users into sharing login credentials and other sensitive information.
Stopping Social Engineering Attacks in Their Tracks
Find out how homeowners can protect their HOA from this threat.
Verify All HOA Communications
Social engineering attacks occur when a cybercriminal spoofs the presentation of an internal email. They may be able to make it look like the email originates from within an HOA and then use this façade to collect valuable data. To avoid this, users should always verify the sender of an email.
Raise Awareness in the Community about Social Engineering Attacks
Members of an HOA are likely to have access to privileged information about community residents, so it’s vital that they proactively prevent social engineering attacks. It’s just as crucial for other community members to avoid this type of attack, too. An awareness campaign can help people identify the red flags that indicate social engineering.
Implement Spam Filters
In some cases, spam filters are also an effective defense against social engineering attacks. Spam filters utilize an algorithm that identifies potentially dangerous or unsolicited emails. Many email providers also maintain a blacklist of social engineer senders that are automatically blocked.
Prevent Social Media Oversharing
Social engineering attacks depend on the sender’s ability to deceive the recipient. Personal details and information can make an email look more legitimate, which is why some cybercriminals will browse social media to collect data and identify targets. Avoiding online oversharing can also minimize the possibility of social engineering.
Establish Protocols for Tech
In an organization such as an HOA, it’s vital to monitor who has access to privileged information. Similarly, controlling who uses computers and other tech resources is essential. It makes it easier to identify the culprit of a potential attack and contain the impact if a social engineering attack occurs.
Enable Multi-Factor Authentication to Prevent Social Engineering Attacks
Most email providers and other platforms now allow users to improve the security of their accounts by enabling two-factor authentication. This tool makes it so that users must offer additional verification beyond their password to access an account. Users may verify a login by providing an SMS code, for example.
Confirm SSL Certification
SSL certification is one of the most critical security features on the web. This feature indicates that a website has encrypted its data, thus verifying the site’s ownership and preventing social engineers from creating a fraudulent replica. Users should always look for SSL certification before entering essential data on a website.
Invest in HOA Insurance
HOA members and leaders should be on the lookout for social engineering. They should also invest in crime insurance to minimize the risk of such an attack. Helping clients prevent social engineering attacks is a great way to introduce them to this type of coverage.
About Kevin Davis Insurance Services
For over 35 years, Kevin Davis Insurance Services has built an impressive reputation as a strong wholesale broker offering insurance products for the community association industry. Our president Kevin Davis and his team take pride in offering committed services to the community association market and providing them with unparalleled access to high-quality coverage, competitive premiums, superior markets, and detailed customer service. To learn more about the coverage we offer, contact us toll-free at (855)-790-7393 to speak with one of our representatives.