In this Article
What is Spear Phishing Attack?
Social engineering is the fundamental tool that bad actors use to carry out a successful attack.
This includes –
- Offers that are too good to be true,
- A sense of urgency, and
- Relevant scenarios that may be tailored specifically to you.
The intention behind spear phishing is nothing but to steal data for illegal purposes, bad actors or cyber criminals may also be intended to install malware on a targeted computer.
Cybercriminals have a wide array of playbooks to assist them in carrying out an attack. In part, this is why spear phishing is a widely used vector.
Blockchain bridge, Horizon, revealed that cybercriminals stole $100 million in the form of cryptocurrency. Security researchers speculate the breach resulted from a “private key compromise”, where hackers obtained the password needed to gain access to a crypto wallet.
To understand spear phishing better you need to understand the targeted attack first. Then you will be able to connect the dots. Let’s understand what a targeted attack is and how malicious actors use this intended to steal data for malicious purposes, cybercriminals may also intend to install malware on a targeted user’s computer.
What is Targeted Attack?
How to Prevent Spear Phishing Attacks?
Refer below best practices or recommendations to prevent yourself from Spear Phishing Attacks.
- Limit yourself from clicking on links or downloading attachments in emails, especially for the emails arrived from unknown sources.
- Stop flaunting your personal life on social media platforms, hackers are good at researching on their targets to impersonate them.
- Follow a thumb rule not to click/open an emails with attachments or URLs coming from unknown sources.
- Recognize the fundamental techniques used in spear phishing emails, such as Job offer letters, Background verification, tax-related fraud, business email compromise scams, and other social engineering techniques.
- Beware of unsolicited email and unexpected emails, especially those call for urgency. Always verify with the person involved through a second factor of communication, such as phone calls or in person conversation. No harm to vet the senders’ authenticity and /or the email domain.
- Utilize a good internet security solution or antispam protection in order to block the threats that arrive via emails.