November 02, 2023

Phishing

Phishing is one the most popular ways of cyberattack that targets people via phone calls, texts and emails.

What is Phishing?

Phishing is one the most popular ways of cyberattack that targets people via phone calls, texts and emails. The goal of a phishing attack is to trick the target into doing a certain action, which might involve sending private information, for example, login and password for the online bank or social media or downloading and installing dangerous software, and following links to the “fake” websites.

The attacker usually acts as a person or organization the victim trusts, such as a supervisor, bank worker or even a coworker, and instills a sense of urgency in the victim that can lead to the bad decisions. Unfortunately, it is simpler and less expensive to fool individuals than it is to break into a computer or network, so this is a common practice nowadays.
Phishing attempts that are successful frequently result in cyber assaults, credit card fraud, identity theft and of course financial losses for both individuals and businesses.

Understanding of Phishing

Three primary ways are used by hackers to steal information through phishing techniques: malicious web links, malicious attachments, and fake data-entry forms. Malicious attachments may seem authentic but are filled with malware, while the web links lead visitors to fake websites that can steal user’s information. Users are asked for sensitive information via fake data entry forms, which can be utilized for identity theft and other fraudulent acts.

Another phishing technique is spear phishing. This attack targets a specific individual with privileged access to sensitive data or network resources. The scammer gathers information to pose as a trusted entity or a person, such as a friend, boss or financial institution. Social media and networking sites have become valuable sources for spear phishing research, as people publicly show their lives, what do they own, so it’s easier for the hacker to identify a victim.

Latest news about Phishing

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

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Victoria d'Este
Victoria d'Este

Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

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