What Is An Example Of Whaling?

by | Last updated on January 24, 2024

, , , ,


Business Email Compromise

(BEC): A phishing attack that uses a compromised corporate email address. Wire transfer phishing: A phishing attack involving invoice fraud. Credential phishing: A phishing attack aiming to steal login credentials. Smishing: Phishing via SMS.

What is whaling in money laundering?

A whaling attack is

a method used by cybercriminals to masquerade as a senior player at an organization and directly target senior or other important individuals

at an organization, with the aim of stealing money or sensitive information or gaining access to their computer systems for criminal purposes.

What is whaling social engineering?

Whaling is a

highly targeted phishing attack – aimed

at senior executives – masquerading as a legitimate email. Whaling is digitally enabled fraud through social engineering, designed to encourage victims to perform a secondary action, such as initiating a wire transfer of funds.

What is whaling vs phishing?

Phishing is a broader term for any attempt to fool victims into sharing confidential information such as usernames, passwords, and financial details for malicious purposes. … Conversely, whaling is

a special type of phishing that targets a high-ranking individual such as an executive rather than a large

group of victims.

Who are whalers in cyber world?

Whaling is a type of phishing attack specifically aimed at a high-profile target, like

a senior executive or a high-ranking government official

. Since these types of targets are more likely to have access to confidential information, the stakes can be much higher than a generic phishing attempt.

What is whaling in Internet?

Whaling is

a highly targeted phishing attack – aimed

at senior executives – masquerading as a legitimate email. Whaling is digitally enabled fraud through social engineering, designed to encourage victims to perform a secondary action, such as initiating a wire transfer of funds.

What is common method used in social engineering?

The most common form of social engineering attack is

phishing

. Phishing attacks exploit human error to harvest credentials or spread malware, usually via infected email attachments or links to malicious websites.

How many types of phishing are there?

With a better understanding of the

twelve types

of phishing attacks and how to identify them, organizations can protect their users and their data more effectively.

What is smurfing in banking?

Smurfing involves

depositing illegally gained money into multiple bank accounts for under-the-radar transfer in the near future

. … This is a form of structuring transactions to avoid regulatory detection.

What is meant by spear phishing?

Spear phishing is

an email or electronic communications scam targeted towards a specific individual, organization or business

. Although often intended to steal data for malicious purposes, cybercriminals may also intend to install malware on a targeted user’s computer.

What is the difference between phishing & spear phishing?

The difference between them is primarily

a matter of targeting

. Phishing emails are sent to very large numbers of recipients, more or less at random, with the expectation that only a small percentage will respond. … Spear phishing emails are carefully designed to get a single recipient to respond.

What is whaling in games?

Who Are “Mobile Game Whales”? … A mobile gaming whale is

someone who spends a lot of microtransactions

. So-called “whales” are the main target for microtransactions in free-to-play games, for example; they’re the ones who buy booster packs, cosmetics, etc. Tons of them.

What is an example of spear phishing?

Example 1:

The attacker is encouraging the target to sign an “updated employee handbook

” This is an example of a spear phishing email where the attacker is pretending to work in HR and is encouraging the target to sign a new employee handbook.

What are 3 domains of information security?

When we discuss data and information, we must consider the CIA triad. The CIA triad refers to an information security model made up of the three main components:

confidentiality, integrity and availability

. Each component represents a fundamental objective of information security.

What is whaling in the ocean?

Whaling is

the process of hunting of whales for their usable products such as meat and blubber

, which can be turned into a type of oil that became increasingly important in the Industrial Revolution. It was practiced as an organized industry as early as 875 AD.

What is tailgating in cyber security?

Tailgating (also known as piggybacking) is one of the most widespread security breaches affecting businesses today and often goes undetected. Tailgating can be simply described as

the passage of unauthorised personnel, either forced or accidental, behind that of an authorised user

.

Diane Mitchell
Author
Diane Mitchell
Diane Mitchell is an animal lover and trainer with over 15 years of experience working with a variety of animals, including dogs, cats, birds, and horses. She has worked with leading animal welfare organizations. Diane is passionate about promoting responsible pet ownership and educating pet owners on the best practices for training and caring for their furry friends.