What is a Whaling Attack?
Cyber criminals have become a lot more crafty over the past few years. By using different tactics, crooks have been rather successful in defrauding victims one way or another. Whaling attacks are quickly becoming very popular, even though they are not necessarily easy to pull off. While phishing attacks are rather common, the whaling attack takes things one step further.
THE WHALING ATTACK CAN RESULT IN A BIG PAYDAY
Security experts will be all too familiar with the concept of a whaling attack. Although “whales” are nothing new in the financial world, a whaler is not someone anyone wants to encounter these days. Whaling is an advanced version of a phishing attack with the sole purpose of targeting high-profile victims for financial gain. It shares some similarities with the compromised business email attack, although the stakes are a lot higher for whalers.
Read more from the source: https://themerkle.com/what-is-a-whaling-attack
Disclaimer: when I find a helpful post on the internet, I share some of it embedded with source link so that people who have interest in the topic will go through link to discover more. By doing this I'm not intending to benefit from the community by any mean. This is for educational purposes.
Follow me on @blocktardes.
@blocktardes, kinda off subject, but I know of several Wells Fargo accounts have been compromised recently. If you have any kinda of currency stashed anywhere, someone is digging a hole under it, and trying to get their greasy little hands on it.
I guess a whale has more to lose and is more likely to be victim of theft.
Steem On and I thought you were @blocktrades when I first read your post. I apologize for the fuzzy eyes this morning.
This so weird, I'm storing all my different coins on bittrex. so you say that I'm unsafe. But always I say to myself that I'm the only one who will no be affected by a cyber attack. Because I'm lucky.
I also think that my coins are safe 95%.
Some people suggest storing coins on the original wallets. However, that damage my laptop and cost me much money.
nice post thank for sharing
Thank you @steemgold