Mimecast
Security

Whaling - anatomy of an attack

Provided by Mimecast

Category Security

Type White Paper

Publish Date May 15 2019

Overview

It’s no secret that social engineering attacks, including phishing, spear-phishing and whaling, have grown from a nuisance to a colossal problem. A growing list of companies have been hit by these methods — sometimes to the tune of millions of dollars in data or financial losses. Whaling — derived from an analogy with a big “phish” — is particularly threatening because it’s both highly deceptive and damaging. A cyber-criminal, disguised as the CEO, CFO or other senior executive, typically sends an email message to a recipient and convinces this person to initiate a wire or data transfer. These attacks are also referred to as impersonation attacks or business email compromise attacks.

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