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Fishing – what is it
Phishing – what is it_
Cryptocurrency
07.09.2021
Updated 18.02.2022
5:38

We don’t even suspect that we face the risk of stealing personal data on a daily basis. And the main reason behind that is the most widespread method of hacker attacks called phishing. All of that becomes possible due to a very simple realization of this attack and its comparatively low cost.

Phishing is such a way of a cyberattack when perpetrators hide malicious software under the look of websites or products of real companies. The main purpose here is to get confidential information, payment information about the banking cards, passwords, etc. In view of the fact that such an attack is based on psychology and people’s mistakes, as a rule, it relates to social engineering.

The e-mail mailings, the content of which includes links to fraudulent websites that maximally imitate the original websites of the companies, usually taken by fraudsters for disguising, often become the first contact of such attacks.

There are three main types of phishing: 

Still, is phishing the same as pharming? 

Quite often pharming is incorrectly classified as phishing, although this statement is quite controversial because phishing refers to a human mistake. And there’s no difference was it due to the person’s click to the phishing website, entered data on the website of fraudsters, or trojan infection. As for the pharming attack, it is usually activated when going to the genuine website but with a hijacked DNS, which has nothing to do with the user. Thus, not everyone can classify such an attack method as phishing.

What should be undertaken to protect yourself from phishing?

Conclusion

This method is one of the most popular ones using which cybercriminals obtain confidential information of people. Hence, it’s vital to always be careful when following the unknown links; try to confirm the links’ authenticity using a search engine, or check them independently with the help of a visual check. Pay attention to whether the link contains HTTPS at the beginning. And once again! When you conduct the operations with cryptocurrencies, stay as vigilant as you only can since it’s not possible to cancel the transactions if you happened to get onto a fraudulent website and transfer cryptocurrency — most likely you will lose it.