Spear Phishing Risk Assessment & Investigation
Passwords & Phishing
Now, for the first time, a workable form of passwordless authentication is about to become available to the masses in the form of a standard adopted by Apple, Google, and Microsoft that allows for cross-platform and cross-service passkeys.
“We live in a time where you have to be paranoid if you have any sensitive or valuable information. Yes, because nowadays, your web property is more likely to get hacked due to the daily cyber-attacks. There are various ways that hackers can use to access sensitive information, and spear phishing is one such method.”
“The latest figures from the FBI’s Internet Crime Complaint Center (IC3) show that cybercriminals stole a staggering $6.9 billion from Americans in 2021—a huge increase from the $4.2 billion reported in 2020.
Email scams are booming. In the report, phishing emails were cited as the most popular method of attack last year, while business email compromise (BEC) attacks—whereby the attacker impersonates a colleague or senior executive at a company over email—reportedly caused the biggest financial blows, totaling losses of $2.4 billion in 2021. This is up from $1.8 billion in 2020.”
“Britain’s cybersecurity unit has reported a record crackdown on internet scams after tackling more than 2.7m attempted frauds last year, a near-fourfold increase on the figure for 2020.”
What is spear phishing?
Spear phishing is the sending of fraudulent emails from a known or trusted sender (in the eyes of the receiver) with the malicious purpose to get the targeted person to reveal confidential information because they think they can trust you. But in fact, you are emailing to an imposter or a conman.
This is done in order to induce targeted individuals to reveal confidential information.
This type of social engineering activity is closely related to phishing.