Phishing scam is a kind of scam in which a scammer pretends to be a reputable individual in an email or some other communication way. The criminal makes use of the phishing email to dispense malicious links or attachments which performs several functions, including extraction of login credentials or account data from the victims. Protect your personal details and login credentials by using Privacy Protection Software.
Phishing is a crime to deceive individual in sharing personal information such as username, password, and credit card number. In the phishing, victims get the unwanted email or text message which includes a person or industry they trust, like coworker, bank or government office. Whenever the victim opens mail text or email, they find a dread message which meant to overcome better judgment by filing them fear. The text requests the victim to visit the website and take instant action or risk some consequence.
If the victim gets lure and clicks on the link, they are sent to the replication of legal website. Here, the users are asked to log in with their confidential credentials. If the user signs in from there, then complete information goes to the scammers who used it to stole identities, fetch bank details, and sell sensitive information in the black market.
A phishing scam is much popular among cybercriminals, as it is much easy to trick individuals on clicking the suspicious link that seems legal phishing email than trying to break via computer defenses. Learn 10 Ways to protect your privacy online.
How does Phishing Scam work?
The attacks of phishing primarily rely on the social networking attacks applied to email or other means of electronic communication, including direct messages being sent through the social network, text messages and different modes of instant messaging.
The phishing attackers might use social engineering and other sources of information that include social networks such as Facebook, Twitter, LinkedIn, to collect information about victim work history, personal, interests and other activities. Learn about Social Media Scams.
The pre phishing attack can uncover the names, email address, the job title of the potential victim as well as data about victim colleagues, and name of their employees in the company. This complete information has been used to craft a trustworthy email. The targeted attackers primarily start with the phishing email that contains malicious attachment or link.
Moreover, most of the phishing emails are written poorly and completely fake. The group of cybercriminals increasingly making use of the same techniques marketers uses to identify highly effective kind of message. The campaigns of phishing are mainly built around significant events, anniversaries, and holidays or take advantage of the breaking stories, both fictions and right.
How Phishing takes Place
Mainly, a victim gets a message which appears to be from the know company or contact. The phishing attack is carried out through malicious file attachment, which contains phishing software or through the links which connect through malicious websites. In most case, the main objective is to install the malware on the device of the user or to direct the victim to a malicious website set up to trap the victim in revealing financial and personal information like password, account ID or credit details.
The strong message of phishing mainly represents, as being from the known company which is highly delicate to distinct from an authentic message: phishing email include company logo and other identifying graphics and data gathered from the company misrepresented. The malicious links among phishing messages are mainly designed to make it displayed as they go to spoofed company. The uses of subdomain as well as typosquatting are the known tricks as in use of other manipulation hacks.
Types of Phishing Scams
The defenders consistently educate the users in phishing defense and deploy anti phishing hacks, and cybercriminals continuously polish their skills at existing phishing attacks and roll out new kind of phishing scams. Some common type of phishing attacks are:
Deceptive Phishing Scam
It is the most common kind of phishing scam; fraudulent phishing refers to some attack through which scammers imitate a legal company and attempt to steal individuals personal data or login information. These emails mainly make use of threats as well as a sense of necessity to scare individuals in doing attackers bidding.
For instance, PayPal scammers mainly sent out an attack email which contains a link and asks the victim to click on the link to correct discrepancy with the account. Moreover, link results in fake PayPal login page which gathers individual’s login credentials and delivers to attackers.
The success of deceptive phishing depends on how jointly attacked email look like from legal company official mail. As a result, users need to check all URL carefully to check if they redirect to an unknown website. They also need to look out for some real greeting, grammar mistakes, and spelling issues spread throughout the email.
Spear Phishing Scam
This kind of phishing attack is directed at a particular individual or company, usually utilizing appropriate information of victim which has been collected to craft message as genuine successfully. The spear-phishing email covers references to executives or coworkers at victims company, as well as utilization of a victim’s name, location, and other sensitive information.
Spear phishing is highly prevalent on social sites such as LinkedIn where attackers make use of several sources of information to represent a targeted email attack. If companies want to get protected from a phishing scam, they are required to conduct ongoing employee security awareness training, which among other things, demotivate individuals from publishing confidential personal or corporate information on social media. The companies are required to invest in a solution which can check inbound emails for known malicious attachments or links.
Whaling Phishing Scam
Whaling phishing is a kind of spear phishing attack which mainly targets senior individual in the company, mostly intending to steal a significant amount. The individuals who prepare for the campaign of spear phishing research their victims in detail to create a real message by using the information relevant or specific to the target, which increases chances of attack to be successful.
Typical whaling attack mainly targets an employee with the capability to authorize payments with phishing message displayed to be a command from an individual to permit a considerable amount to the vendor.
Pharming Phishing Scam
Nowadays, individuals have become savvier to common phishing scams; some fraudsters are discarding the idea of enticing victims completely. Despite they are employing to pharming a way of attack which twigs from the domain name system cache poisoning.
The pharming phishing can be avoided if the company need to motivate their employees to log in their credential details on the website that are HTTP protected. The organization needs to make use of anti-virus software on all the company devices and implement virus database update, with security upgrades being issues through a trusted ISP (internet service provider) regularly.
Dropbox Phishing Scam
Some phishers no longer lure the victims; others just have focused their attack emails as per individual company or service.
For instance, Dropbox is used by millions of individuals every day to backup, share, and access files. There is no surprise that attackers will not try to take benefit on platform popularity by targeting users with a phishing email.
The attackers try to lure individuals into entering login credentials on fake Dropbox sign in page. To protect this kind of phishing attack, the user needs to consider two-step verification on accounts.
Google Docs Phishing Email
The fraudsters can select to target Google drive identical to the method they victimized on Dropbox users.
Moreover, Google Drive assist documents, spreadsheets, presentations, photos, and complete websites, phishers can misuse service to craft webpage that imitates Google account login screen and takes user credential.
Voice Phishing Scam
This scam is also referred to as vishing. It is a kind of phishing which occurs over voice communication media, include Voice over IP (VoIP) or POTS (Plain old telephone service). The vishing scam makes use of speech synthesis software to disappear voicemails to alerting victim about suspicious activity taking place in a credit or bank account, and plead victim to respond to the malicious phone number to check identity. Click here to know how to avoid Credit Card and Debit Card Scams.
How to avoid Phishing Scam?
A phishing scam is a threat capable of displaying on desktop, laptops, tablets, and smartphones. Several browsers of internets have methods to check if the link is safe. So, train yourself to identify the symptoms of phishing and make sure to practice secure computing whenever you check email or play games online.
Here are some vital tips which help you to avoid Phishing Scam:
- Never open up the email from senders you are not known
- Never click on the link given on an email until you exactly know where it is redirecting
- To get that protection, if you got an email from a source you are not aware of, navigate to given link manually by entering legal site address on your browser
- Check out the digital certificate of the website
- If you are asked for the personal information, make sure to check URL of the web page which starts with HTTPS rather than just HTTP. As “s” in https stands for secure otherwise, it does not guarantee that the website is legal and not vulnerable to hackers.
- Use antivirus software to protect against phishing scam
- If you think that email is not from a legitimate source, take some name or text to some search engine to check if any known phishing attack exists utilizing same way or not.
- Navigate the link to check if it is a legal or genuine link.