All You Need to Know About Phishing Attacks

All You Need to Know About Phishing Attacks
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How are you sure that all the information you share on the Internet is secured?

Today, deception is one of the most common tricks criminals use to acquire information on people and use it at their disposal. Keep on reading to keep all your credentials safe.

What is a Phishing Attack?

A phishing attack is a cyber attack that primarily uses email messages as a weapon against users. As the attacker masquerades in an entrusted entity, this social engineering scheme is used to steal personal data information, including login credentials and credit card numbers. The goal is to deceive the email recipient into acknowledging a message is something they need. Most cases, messages’ contain a request from a bank or a note from someone in their company. The call to action button can either be a link or a download button that will direct you to a destination URL. This malicious link can either lead to the installation of malware or can freeze the system as part of the ransomware attack revealing private user data.

How does it work?

This practice of sending fraudulent email communication to user starts deception with the message coming from a reputable source. To fulfill the goal of stealing sensitive data, a malicious link that will install malware that can temporarily freeze the system while acquiring data.

 

Once the attacker attracts the victim, the victim is coaxed to provide confidential information on a scam page.

What is a Phishing Kit?

A phishing kit completes the phishing activity. These requirements are resources and tools that need to be installed on a server for a phishing attack to take place. Once setup, the attacker will fire the schedule email send out to potential victims from the organization’s mailing lists and segments.

The Phishing Kit

  • The authentic website is cloned
  • The login page is altered to a credential-stealing avenue
  • The modified files are bundled in a .zip file
  • The phishing kit is uploaded to the hacked website
  • Emails are then sent to users while the attackers wait for private credential information to be sent to them

What are the types of Phishing Attack?

Deceptive phishing

Deceptive phishing is hailed to be the most common type of phishing. With this technique, an attacker tries to obtain confidential information from victims to steal money or launch other personal attacks.


Spear phishing

Meanwhile, spear phishing targets specific individuals instead of sending out emails to a mailing list or segment. With this scheme, attackers often delve into the details of their victims through their social media accounts. By doing so, attackers can specifically tailor messages which will appeal and will make the potential victim fall into the trap.

Whaling

Whaling is a phishing technique where attackers go for the “big fish,” most likely board members and directors of a company. Attackers spend a long time discerning the message and profiling their victim. In this scheme, attackers opt for the most vulnerable time of the potential victim to actually fall into their bait.

Pharming

Pharming is almost similar to deceptive phishing except in the fact that attackers using this technique infect the user’s computer or the other website’s DNS server. Then, they will redirect the user to a deceptive site to log in.

Say you have a local e-commerce website and you received an email requiring you to log in for no concrete reason, you cannot throw yourself in the waters. To avoid phishing attacks on your accounts, a user must personally check in/inquire with their bank representative is such information is needed. They can also personally check notification or new from their bank online. Being thorough and giving attention to detail can help avoid fraudulent transactions made without your permission.