What is Phishing?
"Phish" is pronounced like the word "fish" - the analogy is that anyone who throws a backed hook out (phishing email) and expects you to bite. Phishing is a crime where people share their confidential information like passwords and credit card numbers with hackers.
There is more than one way to reel in the hunt with real fishing, but the phishing strategy is the most common.
When the victim opens the email, then they see a scary message to overcome by their better judgment by filling them in fear. The message demands immediate action; otherwise suffers some consequences.
Phishing is a cyber-attack which uses the email as a weapon.
For example, a note from someone in their company, click on a link or download an attachment.
How does phishing work?
Phishing begins with a fraudulent email or communication designed to entice a victim. A trusted sender sees the message. If they fool the victim, they are mobilized to give confidential information on the scam website.
There are following Phishing techniques used by attackers:
Prevent Phishing Attacks
Educate the employees to protect the organization from phishing. They often target high-level executives. We must ensure with the following points to prevent the phishing attack.
Identify a Phishing Attack
Phishing is initiated by email communication, but there are also many ways to distinguish suspicious messages from legitimate messages. Data leaks occur when employees do not have the necessary knowledge to protect important company data.
Usually a phishing mail includes:
Types of Phishing Attacks
There are eleven types of phishing that are widely used by the attackers.
Standard E-mail Phishing: It is the most common and easiest way of phishing. It aattempts to steal sensitive information by emails that appear to be from a legitimate organization.
Malware Phishing: Using the same email phishing techniques, it encourages targets to click on links or download attachments so that the malware can be installed on the device.
Spear Phishing: Spear phishing focuses on business officers, public personalities, and other lucrative targets.
Smishing: It is SMS-enabled Phishing that distributes malicious short links to Smartphone users. It comes as account notices, award notifications, and in political messages.
Vishing: Vishing is a malicious calling from a government agency or any organization. They try to extract our personal information, such as banking or credit card information.
Clone Phishing: In this type of attack, a shadowy actor tamper with a person's email account, maliciously swapping a valid link, attachment, or any other element, changes existing email and spreads the person's message to spread the infection.
Man-in-the-Middle Attack: The attacks are happened by building public wi-fi networks at shopping malls or public places. Once involved, the middle man can fish for information or run malware on devices.
BEC (Business Email Compromise): A commercial email agreement includes an email request from someone or a target company requesting immediate action, be it a money transaction or a gift card. The strategy is estimated to account for about half of all cybercrime-related trade losses in 2019.
Whaling- Whaling targets high-profile and senior executives in an organization. The content of the whaling effort will exist as a routine communication or high-level executive business.
Example of a Phishing E-mail:
Suppose you saw any messages in your inbox. Do you see any indication that it is a scam? Let's have a look.
We can use the following steps to protect ourselves from the phishing attack.