Phishing, vishing, smishing, spear phishing, and whaling, among others, are all forms of social engineering, ways for criminals to exploit your trust, fears, and mistakes to steal your money in a banking scam or steal confidential information to commit future crimes.
Social engineering is a form of attack used by criminals to exploit people through manipulation. It involves the use of deceptive tactics such as phishing, vishing, smishing, spear phishing, and whaling, among others. Each of these methods has the same goal of tricking victims into revealing personal information in a banking scam or taking action that benefits the attacker.
Phishing is a form of social engineering used to gain access to user accounts or confidential data. It involves sending emails or text messages that appear to be from legitimate sources, but are actually malicious in nature. These messages usually contain links or attachments that lead to malicious websites or contain malicious software.
Vishing is a form of phishing that uses voice recordings instead of emails or text messages. The attacker sends an automated voice call or text message that appears to be from a legitimate source. The recording then asks the victim to take some action, such as entering their personal information or clicking a link.
Smishing is a form of social engineering that uses SMS messages instead of emails or voice recordings. The attacker sends a text message that contains a malicious link or attachment. If the victim clicks the link or attachment, they can be tricked into revealing personal information or taking action that benefits the attacker.
Spear phishing is a targeted form of phishing where the attacker sends emails or text messages that appear to be from a legitimate source but are actually malicious in nature. The emails or text messages are tailored to the victim, making them appear more credible and increasing the chances of a successful attack.
Whaling is a form of phishing where the attacker targets high-level executives or other individuals with access to sensitive company information. These attacks are usually highly sophisticated and often involve malicious software or links to malicious websites.
Each of these forms of social engineering exploits victims in different ways. However, they all have the same goal of manipulating the victim into taking action that benefits the attacker in a banking scam. It is therefore important for individuals to recognize the signs of social engineering attacks and to remain vigilant in order to protect themselves from becoming victims of these attacks.