Many people fall victim to fraud every day. Email and internet scams called phishing costs us billions of dollars a year, yet many people still are unaware of what to look for.
What Is Phishing? Phishing is fraud by way of the Internet. It’s a sneaky approach used by hackers to push users to reveal personal information. These scammers steal confidential and sensitive information such as, for example, usernames, passwords, access codes, bank account numbers or credit card information. To put this fraud into practice, attackers who use phishing techniques do not use viruses, spyware, or malware, or other types of malicious software, but limit themselves, rather, to using social techniques.
The preferred technique to carry out a phishing attack is to send normal emails, in the form of spam messages , with features and characteristics very similar to those found on authoritative and particularly widespread websites. So, let’s say you receive an email from your bank, and it explains that you must log in with your username and password and update some information. This may not be from your bank; it could be a fraudulent email. These messages are set up to look like they come from legitimate companies like PayPal or UPS, government agencies or banking institutions. It is an elaborate scam.
In most cases, attackers send this email to you, with hopes of you completing the requested information, and then before you know it, you just handed over your banking information to a scammer.
Get A Share of This Check
Some high-profile scams involve phishing scams that ask victims to cash a check, keep a portion, and send the rest through Western Union. Once the money is sent, it becomes more difficult to trace the identity of the cybercriminal or recover the funds. And while various strategies to educate people about this scam has been implemented, millions of dollars are loss, using this very fraud.
How Do You Defend Against Phishing?
Regardless of the technique used by the bad guys, to protect yourself from phishing you must be more observant these days; Always check the origin of the message and read it carefully as there could also be grammatical errors, formatting or translation errors that should make you suspicious in some way. Never click on the links contained in a fraudulent message and never download/open any attachments in it. If you really want to contact the source and check if the email is valid, call directly, but never through the fraudulent message that was sent to you. For example, if the message is from your bank, do not respond. Instead, call to your bank and explain to them what has happened. Always check the URL of the sites that appears in the address bar of your favorite browser. Also, keep your browser up to date by installing new extensions. They usually have updates security features that will try and shield you from fraudulent websites. Despite being one of the most well-known cyber threats, phishing remains a global danger, and the only way to shield yourself is to become educated and recognize the signs.