Cyber criminals have become a lot more crafty over the past few years. By using different tactics, crooks have been rather successful in defrauding victims one way or another. Whaling attacks are quickly becoming very popular, even though they are not necessarily easy to pull off. While phishing attacks are rather common, the whaling attack takes things one step further.
THE WHALING ATTACK CAN RESULT IN A BIG PAYDAY
Security experts will be all too familiar with the concept of a whaling attack. Although “whales” are nothing new in the financial world, a whaler is not someone anyone wants to encounter these days. Whaling is an advanced version of a phishing attack with the sole purpose of targeting high-profile victims for financial gain. It shares some similarities with the compromised business email attack, although the stakes are a lot higher for whalers.
Read more from the source: https://themerkle.com/what-is-a-whaling-attack
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