Tuesday, October 6, 2015

Bank - Technology - Frauds

I like to share details about attack on our Bank accounts / Credit Cards. The Attacks are classified as

  • Phishing
  • Vishing
  • Smishing

What is Phishing?

Phishing is the attempt to acquire sensitive information such as usernames, passwords, and credit card details (and sometimes, indirectly, money), often for malicious reasons, by masquerading as a trustworthy entity in an electronic comm.
(Source: wikipedia)

What is Vishing?

Vishing is the act of using the telephone in an attempt to scam the user into surrendering private information that will be used for identity theft. The scammer usually pretends to be a legitimate business, and fools the victim into thinking he or she will profit.
(Source: wikipedia)

What is Smishing?

SMiShing is a security attack in which the user is tricked into downloading a Trojan horse, virus or other malware onto his cellular phone or other mobile device. SMiShing is short for "SMS phishing."
(Source: wikipedia)