Phishing scams still a very active threat

A recent article on Yahoo Finance website discussing phishing scams reminded us that this threat is still very alive on the internet, and we wanted to touch base on some general information. Phishing scams on the internet have been around for a while and are still a major threat to unsuspected users, using both old and new techniques. Phishing attempts use fake emails or websites to lure people to disclose critical personal information such as user account credentials, passwords, bank account information, PIN numbers, and even social security information.  This vital information is then used by cybercriminals for financial gains by forms of identity theft, accessing funds from banking or other financial institutions, stealing critical data, and more.

Phishing scams use different ways to “hook” their prey, using news related items such as new products, current events, natural disasters, and others.  These scammers also use ways that appear to be more trustworthy such as an email from a bank, IRS, or a distinguished company.  Phishing emails that come in pretending to be from banks, credit card companies, government organizations, and such are created using genuine looking company logos, real names, official looking email addresses and links that look to be from legitimate websites.  They attempt to “hook” the user using tactics such as stating the account needs to be renewed or re-activated, the account is in danger of being closed unless action is taken, or other notifications that lure the person to proceed further. They will then request the user to provide their account information, usually re-directing them to real-looking malicious websites, and there the login credentials can be stolen.

Over the years phishing attempts have also become more sophisticated.  According to the Yahoo article “spear fishing” is making it look like it is coming from someone you know, someone your work with or from a company you do business with. Other newer techniques are discussed, along with ways to protect yourself such are being wary of emails requesting personal information, keeping your financial information secure online, reviewing account activity frequently, and more.

To read the article by Yahoo Finance discussing phishing and other online scams in detail – Click Here

Comments & Responses

Comments are closed.