Lawyers In Lucknow

Whale Phishing Or Whaling

Whale phishing, also known as whaling, is a type of spear phishing that targets the big fish, such as CEOs and other high-value targets. Many of these scams target company board members, who are thought to be particularly vulnerable: they have a lot of power within a company, but because they aren’t full-time employees, they frequently use personal email addresses for business-related correspondence, which lacks the security that corporate email provides. Gathering enough knowledge to deceive a very high-value target can take a long time, but it can pay off handsomely. In 2008, fraudsters sent emails to corporate CEOs claiming to have FBI subpoenas attached. In fact, they installed keyloggers on the CEOs’ computers, and the scammers had a 10% success rate, netting nearly 2,000 victims. 

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