3 Types of Attack is Spear Phishing

What is Spear Phishing?

Spear phishing is a type of phishing attack that can cause huge loss of personal or professional data further leading to loss of identity or financial losses. Before we understand what Spear Phishing is, let us first know the meaning of phishing and the types of phishing.

Meaning of Phishing

Phishing in the simplest way means illegal “fishing of data” which can be used to either defame someone or to procure personal financial credentials for committing cyber-theft or illegal procurement of a company’s/individual’s information leading to loss of integrity or finances. This is done by attackers who send malicious emails to an individual or group posing to be authentic service providers, popular brands, etc. Once the attacked individual falls prey to opening and clicking on the link in the email or message his/her data is now vulnerable either because of a malware installation or in a few cases the user enters his/her personal information like card details or passwords on the fake websites which can now be easily procured by attackers and be violated in one or the other way.

What is Spear Phishing?

Spear phishing is also a phishing technique that can be considered to be a social engineering attack wherein the attacker sends a spoofed email/message to the target. Once the target opens this link, he/she may have unknowingly executed the first stage of an APT (advanced persistent threat) making their data vulnerable. It may seem just like phishing, but the major difference lies in the formulation of this attack which seems normal and is hard to detect. Also, it is targeted to a very specific group.

How to Protect Yourself from Phishing?

The easiest way to protect yourself from phishing is with the Cyber Security Cover offered by Bajaj Finserv which provides financial security in case of any form of cyber-attacks including Phishing. You can avail of this financial security at affordable premiums starting from Rs. 299 with a sum insured up to Rs. 2,00,000.

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