From the course: Cybersecurity for Executives
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What are phishing attacks?
From the course: Cybersecurity for Executives
What are phishing attacks?
- Phishing attacks are the most common way for a criminal to gain a foothold into your world. Of course, if you haven't been patching your systems in a timely manner, there may be easier ways to get into your network, because a phishing attack requires a lot of preparation before releasing it. But phishing usually works and it's widely used. Here's a high-profile example. A single email started a chain reaction that resulted in the biggest known business email compromise of all time. Facebook and Google together lost $121 million to the same phisher. This criminal set up a fake company named Quanta Computer, the same name as a real hardware supplier to both victims. The criminal then emailed Facebook and Google very convincing looking invoices, which they paid, to banks controlled by the attackers. Here's another example. Spear phishing email tricked employees at Ubiquity Networks into providing user names, passwords and…
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