ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Technology»
  • Internet & the Web

What is a Phishing Attack?

Updated on April 5, 2010

Identity theft has become the new white collar crime and it has grown tremendously. Criminals that steal identities use them in a number of ways. One of the most common tricks is to use a stolen identity to open a line of credit. The line of credit is then depleted by the thief and the actual person receives the bill. Identities are also stolen for malicious intent, such as stealing a military officer’s email credentials in hopes of carrying out fictitious orders to troops.

Phishing is a relatively new term to describe ploys used by criminals trying to steal identities. Phishing scams are on the rise:

"During 2004, close to 2 million U. S. citizens had their checking accounts raided by cyber-criminals. With the average reported loss per incident estimated at $1200, total losses were close to $2 billion. The incidence of phishing e-mails – e-mails that attempt to steal a consumer’s user name and password by imitating e-mail from a legitimate financial institution –has risen 4,000 percent over the past six months." (James, 2005, pg. 2)

 

What is Phishing Video

Phishing
Phishing
Phishing - Don't Get Hooked!
Phishing - Don't Get Hooked!
Identity Theft
Identity Theft

The term “phishing” is based on the term “fishing”. With fishing you bait a hook and try to catch fish. If you do not receive a bite, you often change the type of bait until you start catching fish. With phishing, the bait is typically an email that appears legitimate. The email typically asks for a bank customer to validate their information, however, the email redirects the customer to a fictitious bank site made to look like the legitimate bank site (James, 2005). The criminals hope the customer will not notice the redirected bank site is fictitious and that they will validate their account information. There are numerous phishing emails used as bait and criminals hope the more bait they use, the greater chances someone will fall for the scam.

The key to preventing identity theft is awareness. Financial institutions typically do not ask for account information validation. Any emails that ask for account validation or social security numbers, should be validated. The link contained within the email can be checked for legitimacy. These links often go to bogus sites that can easily be determined by the website link. For example, if you bank at www.citibank.com and you receive an email that has a link and takes you to www.citibank.com.customer.cz, this should raise suspicion. Phishing scams not only use email, but the telephone is also used. A typical scam involves a telephone call with someone impersonating your credit card company and asking you to validate your social security number, date of birth, etc. Credit card companies already have this information and do not need you to validate it. A simple line of defense is to ask the caller for the credit card company’s number and call them back.

Please check out one of my other articles on information security:

Reference:  James, L. (2005). Phishing exposed. Rockland, MA: Syngress Publishing.

Comments

    0 of 8192 characters used
    Post Comment

    • authentication profile image

      authentication 6 years ago from Orange County, CA

      I believe two factor authentication combats phishing very effectively as well. Financial institutions use it as well due to regulatory compliance.

    • profile image

      Rana 6 years ago

      thanks but also give the method for phishing attack to get more papularity like youtube.com

      thanks again

    • profile image

      Rana 6 years ago

      thanks but also give the method for phishin attack to get more papularity like youtube.com

      thanks again

    • kea profile image
      Author

      kea 8 years ago

      Thanks for the comment, hello, hello!

    • Hello, hello, profile image

      Hello, hello, 8 years ago from London, UK

      Thank you for your information and eye openeer.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)