phishing scams in banking ppt

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Page 1: Phishing scams in banking ppt
Page 2: Phishing scams in banking ppt
Page 3: Phishing scams in banking ppt

PHISHING BASICS

• Pronounced “fishing”

• The word has its Origin from two words “Password Harvesting” or fishing for Passwords

• Phishing is an online form of pretexting, a kind of deception in which an attacker pretends to be someone else in order to obtain sensitive information from the victim.

• Also known as "brand spoofing“.

• Phishers are phishing artists.

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PHISHING

• Phishing is a way of fraudulently acquiring sensitive information using social engineering and technical subterfuge.

• It tries to trick users with official-looking messages− Credit card − Bank account− eBay− PayPal

• Some phishing e-mails also contain malicious or unwantedsoftware that can track your activities or slow your computer

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CHARACTERISTICS OF PHISHING SCAMS

1. Unsolicited requests for sensitive information

2. Content appears genuine

3. Disguised hyperlinks and sender address

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4. Email consists of a clickable image

5. Generic Greetings 

6. Use various ruses to entice recipients to click

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What to do if you Receive a Suspected Phishing Scam

≠ DO NOT click on any links in the scam email.

≠ DO NOT supply any personal information of any kind as a result of the email

≠ DO NOT reply to the email or attempt to contact the senders in any way.

≠ DO NOT supply any information on the bogus website that may appear in your browser if you have clicked a link in the email.

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≠ DO NOT open any attachments that arrive with the email.

≠ REPORT the phishing scam.

≠ DELETE the email from your computer as soon as possible.

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WHAT SHOULD INTERNET USERS DO

ABOUT PHISHING SCAMS ?

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Recognise the scam

Report the scam

Stop the scam

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RBI CAUTIONED NET BANKING

USERS AGAINST PHISHING SCAMS

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HOW PHISHIN

G WORKS

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Planning

Setup

Attack

Collection

Identity Theft and Fraud

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MAJOR FACTORS FOR INCREASE IN PHISHING

ATTACKS

Unawareness among public

Unawareness of policy

Technical sophistication

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Techniques of Phishing Scams

1) Man-in-the-middle Attacks

2) URL Obfuscation Attacks

3) XSS (Cross-site Scripting)

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WHY YOUR PERSONAL ACCOUNT

IS

A TARGET

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Phishing – A Cyber CrimeProvisions of

Information Technology Act, 2000

• Section 66• Section 66A

• Section 66 C• Section 66 D

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Steps to Avoid Phishing Attacks

1.Keep antivirus up to date

2. Do not click on hyperlinks in emails

3. Advantage of anti-spam software

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4. Get educated

5. Use anti-spam software

6. Firewall

7. Use back-up system

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8. Not to enter sensitive information into pop-up windows

9. Secure the hosts file

10. Protect against DNS pharming attacks

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Presented By :

AMRITA HEMRAJANI (17)

PEARLENE JASAVALA (24)

KHYATI NANDU (38)

SANAYA PATEL (40)

KRISHMA SANDESRA (42)

VATSAL SHAH (50)

Page 32: Phishing scams in banking ppt