As a result, each of the 2000 compromised companies was.Paul Gil, a former Lifewire writer who is also known for his dynamic internet and database courses and has been active in technology fields for over two decades.Get the Latest Tech News Delivered Every Day,How Whaling Is Different From Other Phishing Scams.How Do I Protect Myself From Whaling Attacks?Do Executives and Managers Really Fall for These Whaling Emails?Why We Fall for Texting Scams (and How to Stop),Spear Phishing: What It Is and How to Protect Yourself,The Walmart Text Scam: What It Is and How to Protect Yourself From It,Phishing: What It Is and How to Protect Yourself Against It,The Craigslist Text Scam: What It Is and How to Protect Yourself From It,The Apple Phishing Scam: What It Is and How to Protect Yourself,Popular Phishing Scams and What to Do About Them,Email Spoofing: What It Is and How To Protect Yourself From It,Clone Phishing: What It Is and How to Protect Yourself,The Netflix Scam: What It Is and How to Protect Yourself From It,The Fedex Text Scam: What It Is and How to Protect Yourself From It,Microsoft Scams: What They Are and How to Protect Yourself From Them. It's different from ordinary phishing in that with whaling, the emails or web pages serving the scam take on a more severe or formal look and are usually targeting someone in particular. You just entered your password incorrectly — that's the scam, though!What happens behind the scenes is that when you enter your information into the fake site (which can't log you in because it isn't real), the information you entered is sent to the attacker, and then you're redirected to the real website. All rights reserved.Marketing whiz in training and part-time blogger.Inspired eLearning Launches New Coronavirus Phishes & Scams Course,The State Of CCPA: Current and Future Implications You Need To Know,Defending Against Ransomware [S-162-RW-01],Tales from CPU City (Episode 1) – Cryptojacking [S-162-CC-01],Internet of Things and Home Security [S-161-HS-01],Social Engineers Test End Users at Large Corporations to Win Prize.Hover over links in emails to verify the destination before clicking on them.Delete suspicious emails with sensational subject lines such as “Must Act Now” or that contain unprofessional misspellings within the body of the message.Only open attachments from trusted sources.When in doubt, call the sender on the phone to verify that they sent the email. It is very difficult to protect whale phishing, for this, you require an advanced email protection technology or anti-phishing software. A very well-known whaling attack was from the Snapchat account, and later the case was given to the FBI. More sophisticated attacks may take control of a colleague's email account or lead to a customized website that was created specifically for the attack.For example, an attacker may spoof the CTO's email address and send an email to a member of the accounts payable department requesting for a fake AWS bill to be paid by close of business.Another common target for whaling are company board members because they have a great deal of authority without being full-time employees and may even use a personal email rather than a corporate account.As whaling attacks depend on social engineering, attackers may send hyperlinks or attachments to infect victims or to solicit sensitive information and generally try to put time pressure on the victim.Phishing, spear phishing, and whaling share many similarities, primarily all three involve impersonation to elicit information or money from a target.That said, they have subtle differences security teams should be aware of.A typical phishing email takes a quantity over quality approach, sending thousands or even millions of emails to potential victims.Spear phishing is more selective, targeting specific organizations or employees and requiring more time and effort on the part of the attacker.Finally, whaling is a specific type of spear phishing that targets high-ranking, high-value targets in a specific organization who has a high level of authority and access to critical company data.Whaling attacks can take weeks or months to prepare and as a result, can have a very high success rate.The most dramatic example is the 2016 removal of FACC CEO, Walter Stephan, who fell for a whaling attack that led to the finance department.While you can't prevent yourself or your company's executives from being targeted in whaling attacks, there are steps you can take to reduce the likelihood these attacks will be successful.These are the anti-phishing controls we suggest:We can help you continuously monitor your vendors' external security controls and provide an unbiased security rating.We base our ratings on the analysis of 70+ vectors including:We can also help you instantly benchmark your current and potential vendors against their industry, so you can see how they stack up.For the assessment of your information security controls,The major difference between UpGuard and other security ratings vendors is that there is very public evidence of our expertise in preventing,Our expertise has been featured in the likes of,You can read more about what our customers are saying on.If you'd like to see your organization's security rating,Learn more about the latest issues in cybersecurity.Data loss prevention (DLP) is a set of processes and ...Cross-site scripting (XSS) is a type of security ...Attack surface management (ASM) is the continuous ...UpGuard combines third-party security ratings, vendor questionnaires, and threat intelligence capabilities for a complete cyber risk solution.What is the difference between phishing, spear phishing, and whaling?How UpGuard can help prevent whaling attacks,Read our guide on social engineering for more information,Snapchat fell victim to a whaling attack when a high-ranking employee fell for a CEO fraud email,whaling attack involved a Seagate executive.Read our guide on OPSEC for more information.Read our guide on email security for more information.automatically detect data leaks and leaked credentials so you can prevent data from falling into the wrong hands,Read our guide on data leaks for more information,This is why vendor risk management is so important,instantly identify key risks across your vendor portfolio,Read our guide on how to manage third-party risk for more information,Susceptibility to man-in-the-middle attacks,click here to request your free Cyber Security Rating,Book a demo of the UpGuard platform today,Unnecessary open administration, database, app, email and file sharing ports.
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