05/01/2017
INFORMATION SECURITY AWARENESS-DETECTING AND PREVENTING PHISHING ATTACKS-PART 1:
Our usage and dependability of Banks IT platforms is on the increase due to introduction of cashless ideology, so also is need for us to be information security savvy as we leverage these resources. Cyber criminals are on the prowl and one of the prevalent attack methods in our environment is PHISHING.
Phishing is the attempt to acquire acquire accurate sensitive information such as password, username, PIN details, card details, etc, for malicious reasons, by masquerading as a trustworthy entity in an electronic communication.
How does Phishing works? Phishing attacks thrive on human emotions. Cyber attacks trick users into clicking on links or downloading attachments, and seasonal campaigns with an urgent call to either to either click a link or download an attachment. It promises great deals or alerts you that there may be a problem with an account.
Effect of Phishing includes financial loss, data loss,accounts loss, ransom asked, blacklisting from financial organisation, malware or viruses infections into a PC, illegal use of personal data, illegal use of BVN and creation of fake accounts in your name.