Phishing occurs when an attacker attempts to dupe a victim into providing sensitive account or other login information online. All types of phishing are intended to take advantage of the fact that so many people conduct business over the internet.
Unfortunately, phishing emails can be difficult to identify. The vast majority of phishers go to great lengths to make their emails and websites appear legitimate.
However, there are 12 different types of crypto phishing attacks which includes Spear phishing attack, Whaling attack, Clone phishing attack, Pharming attack, Evil twin attack, Voice phishing attack, SMS phishing attack, DNS hijacking, Phishing bots, Fake browser extensions, Ice phishing and Crypto-malware attack.
Let’s start with the first 3 crypto phishing attacks.
Spear phishing attack
Spear phishing is a targeted attack on a specific person or organisation. In this case, the phisher knows something about their target and will tailor the phishing email to look legitimate.
For example, the attacker may impersonate a person or organisation known to the victim. The malicious link is then disguised as an innocent one.
Whaling attack
A specific kind of spear phishing attack called a “whaling attack” focuses on CEOs and other high-profile targets within a business. Due to the possibility of a bigger audience than a typical spear phishing attack, it is very risky.
For instance, the attacker might be able to access the entire network of the organisation if the CEO falls for it and clicks on a malicious link.
Clone phishing attack
This attack takes place when the phisher produces a copy of an authentic email that has previously been delivered to the victim. The attacker sends the victim a malicious attachment or link in place of the original.
The victim is more likely to click on the link because of habit or familiarity because the email looks exactly like one they have already received.
Keep watching this space to know the other types of phishing attacks.
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