Phishing entails cyber attackers sending deceptive messages that seem to originate from a trustworthy source, often through email or text. The goal of these fraudulent communications is to deceive a target into disclosing confidential data such as login credentials or financial details. Phishing represents a type of social engineering scheme that poses a significant threat to both organizations and individuals.
Social engineering involves exploiting human vulnerabilities and using manipulation or deception to elicit sensitive information or gain access to protected data. By means of phishing attacks, hackers manipulate victims into unwittingly installing harmful software such as viruses, ransomware, and trojans.
The impact of phishing attacks on businesses and individuals is that organizations can lose millions of dollars to cybercriminals. Phishing attacks can damage ICT systems, cause data loss, and cause system outages, and this may result in denial of service attacks. Phishing remains one of the most popular cyber attacks, given the fact that businesses now rely heavily on the internet to communicate with clients and partners.
To launch a successful phishing attack, hackers first gather the following information about the target: Name, Employer, Job title, Company partners, Close family, Favorite social events, Bank details, Physical address, Phone number, Email address, Company website or domain name or email suffix. With this information in hand, a hacker can craft a fake phishing email that looks legitimate.
How to identify phishing attacks
Investigate any hypertext links that raise doubts.
Check the body and reference section....
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