Description:
Phishing attacks are costing banks millions of dollars every year and seem to be their No. 1 online problem. Phishing, as most of us already know, preys on the most gullible of Internet users. In the most general form of the attack, the attacker sends a link to the "phishing site" which is a lookalike of a well known site such as "Bank of America" or "Paypal". As most users never care to check the URL of the website they are visiting, the visual similarity makes them believe that they are actually on the legitimate site. Once the victim is on the site, he enters his login credentials which are then harvested by the phisher. He will then use it to access the victim's account and then proceeds to do malicious activities such as transfer funds and launder money.
In this video, we see a demo of a phishing attack conducted against the French version of the paypal website. The victim receives the link over email and clicks it. He lands on the phishing site which looks exactly similar to the original paypal website. The funny thing is, that even though the victim enters the wrong credentials, he still logs into "Paypal". After he "successfully" logs in, he is now presented with a new form, asking him for more personal information :) Sometimes, being in the security business it's very tough for us to imagine how dumb could someone really be, to fall prey to phishing attacks :) but there are millions out there on the Internet who do e-commerce and are digitally illiterate.
Tags: fun ,
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