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Last updated: 27 Sep, 2014  

Cyber crime generic THMB Protect yourself from phishing attacks

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Bikky Khosla | 18 Jun, 2014
The term 'phishing' derives from the idea of fishing -- fishing for information. It refers to a type of internet fraud that attempts to collect sensitive financial information. Typically, a fraudulent email is used for this. The fraud disguises as a trustworthy entity to trick people into revealing information such as user name and password, address and phone number, PAN card number, date of birth, ATM/Credit card number, card validation code, etc. They lure the unsuspecting into financial ruin.

According to the Anti-Phishing Working Group, an international consortium, there were at least 115,565 unique phishing attacks worldwide during the second-half of 2013. These attacks were carried out by using 82,163 unique domain names, which were registered maliciously. Top five top-level domains used for the purpose were .COM, .TK, .PW, .INFO, .NET, and .CF. The targets mostly included large and small banks in Latin America, India, and the Arab world. It appears that almost any enterprise with an online presence can be a phishing target -- the report adds.

Phishers use different disguises, methods and mediums -- they can approach you as a credit card company or an online shopping site. Besides deceptive emails, fax and phone calls can also be used. Sometimes great sounding offers are used as baits. They also try to steal data from your PC by injecting malware as email attachments or downloadable files. Sometimes, a link is mentioned and clicking on it can lead to a copycat website that is identical to your bank's website, and when you 'update' your information on that site, it goes to the phishers.

So, be cautious. Never disclose sensitive financial information to anyone, even if the mail appears to come from a bank or a business you usually deal with or  even when the website on which you are asked to provide information appears authentic. Never download files or open attachments sent to you from unknown senders. Don't get misled when you receive a message like this: "We recently upgraded our online banking security system, confirm your log-in details"; don't panic when you get a pop-up warning: "Your computer has been compromised! Click here to download a security fix!"; and don't get lured by offers like: "Win a free iPad!"

For a small business phishing attacks could mean financial ruin, so always follow strict online safety practices. Use an advanced security software package that detects not only viruses and spam but also malware and suspicious e-mail attachments. Always use strong passwords, encrypt all sensitive information, use appropriate backup solutions, and also educate your employees about internet safety and latest threats. And never forget the basic rule -- keep your secrets secret.

I invite your opinions.
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Excellent update
Lakshmi narasimha | Fri Jun 20 16:56:39 2014
Some time we miss such vital issues and the update is really appreciable . Thank u very much

Protect yourself from phishing attacks
RAM SU | Wed Jun 18 02:47:42 2014
With the reach of internet being so wide world over & so much quick, it has become very easy for tricksters to tempt the gullible into a deep trap and escape after picking up the booty. The operations of these culprits being international and with local Police being in their pockets, catching them is a problem. Unless people get cautious & safeguard themselves against greedy temptations, this mafia continues to thrive to make easy money quite fast.

More Details about the phishing methods
Jayson | Wed Jun 18 01:53:11 2014
Good day, It was a pleasure to read your article. I am aware of the issues this creates, and do myself receive such phishing emails on almost a daily basis. So much so that I actually wrote an article outlining a few of the methods these individuals use to get your information. Protecting yourself from these kinds of attacks is not just something you need to be aware of, but it's something you need to share with your friends, family and colleagues, to ensure that we can all be safe.

Security email
Rene Zapata CALCONTROL | Tue Jun 17 17:56:25 2014
Thank you very much for security advice to my email. I appreciate your help and assistance with your security advise.

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