Robert Herjavec Discusses Phishing Scams on Good Morning America

February 27, 2020

Recently, Barbara Corcoran, Shark on ABC’s Shark Tank, was scammed out of nearly $400K as a result of a phishing email. The email, which appeared to come from Barbara’s assistant, targeted her bookkeeper asking to approve a wire transfer to a German real estate company in which Barbara had invested.  

While the bookkeeper did inquire about the payment, the inquiries were sent to the sender of the initial email, who was a cyber adversary and was able to provide the information necessary for the payment to be approved. 

Herjavec Group Founder & CEO, Robert Herjavec, appeared on Good Morning America to address similar phishing scams.

“85% of all cybercrime across the world happens through email,” he said. “It’s been happening to businesses for 2-3 years now, but it’s now happening to individuals as well.” 

So, how can you stay safe from phishing attempts? 

  • Verify the sender name, email, and source 
  • Check the spelling and verify URL links as legitimate 
  • Never give out personal or financial information by email 
  • Verify the email is coming from someone you trust 
  • Use voice verification with your internal team before wire transfers over a particular size 
  • Check your bank statements diligently and daily  
  • Develop a protocol with your bank where transfers over a particular size are held or voice verified as well 
  • Notify your bank of any suspected compromise immediately to stop wires within 24-48 hours pending the location of the transfer

Watch the full Good Morning America clip below. 

About Herjavec Group

Dynamic entrepreneur Robert Herjavec founded Herjavec Group in 2003 to provide cybersecurity products and services to enterprise organizations. We have been recognized as one of the world’s most innovative cybersecurity operations leaders, and excel in complex, multi-technology environments. Our service expertise includes Advisory Services, Technology Architecture & Implementation, Identity Services, Managed Security Services, Threat Management and Incident Response. Herjavec Group has offices and Security Operations Centers across the United States, United Kingdom and Canada.

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