This phishing scam employs a countdown clock to get credentials

Introduction

Phishing is a strategy that involves trying to terrify the victim into doing what the perpetrators want them to do by using a technique that was borrowed from ransomware gangs. A new phishing attack attempts to divert users into entering their credentials by claiming that their account will be not exist if they don't. So there is very much need for a Cyber Security Course that every employee should learn in their cyber security certification program. This helps the employee to understand phishing attacks and how to prevent them.

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What exactly is an assault known as phishing?

A phishing assault consists of an attacker sending a target a fake message to persuade the victim into divulging either essential or sensitive information to the attacker or installing harmful software on the victim's infrastructure, such as ransomware.

This phishing attack begins with a message that claims to be giving the recipient a warning that an attempt to login into the account from a place they haven't used before. This information was detailed by the research conducted by the cybersecurity experts at cofense.

Biggest Cyber Attacks in the World

The cybercriminals' strategy of instilling terror in their targets

This sort of fear strategy is often used in phishing attempts since cybercriminals know that if they send materials to a state agency, the agency employees are more inclined to obey the instructions, especially if they have been informed that something is wrong with their account.

This attack is not like the others, and what sets it apart from the others is that it appears to have borrowed a tactic from The Gangs of the ransomware. 

The deception behind the countdown timer

The timer will begin counting down from one hour to upwards, and the user must input their password and username to validate their account before the countdown reaches 0. If they fail to do so, their account will be terminated.

This is not really a warning at all, and even if the countdown timer hits zero, nothing will be removed. Rather, the purpose of this strategy is to induce fear in the victim so that they will comply with the instructions.

Suppose the user targeted by the phishing attack enters their login information into the email address provided as part of the attack. In that case, it will tell them that they have entered an incorrect password or that their login details have been accepted before redirecting them to the company's homepage.

The perpetrator of the assault will get both the login and the password

There are many ways in which the attackers could have used the login credentials for their legitimate purposes. For example, they could use them to access the network themselves to steal the data and assist in gaining access to the other account, or they could even plant a malware or ransomware program.

They could offer the passwords that they have stolen to other online criminals for sale so that those criminals can use them in their illegal activities.

With the utilization of that which is known as multi-factor authentication, there is the protection of the account because even if the attacker knows the correct login credentials, the requirement for the verification, which is additional, will prevent them from being able to access the account as well as giving a warning that something is wrong with the report. These techniques are taught in a cybersecurity training course at a renowned cybersecurity institute.

Ethical Hacking: The Art of Protecting Digital Assets

In the digital age, cybersecurity has become a top priority for individuals and organizations alike. With the growing threat of cyber attacks and data breaches, it is important to have measures in place to protect digital assets. One such measure is ethical hacking.

Ethical hacking, also known as white hat hacking, is the practice of identifying and exploiting vulnerabilities in computer systems, networks, and applications with the intention of improving their security. Ethical hackers use the same techniques as malicious hackers, but with the permission of the owner of the system being tested.

The goal of ethical hacking is to uncover weaknesses in a system and provide recommendations for improving its security. Ethical hackers may use a variety of techniques, including penetration testing, vulnerability scanning, and social engineering, to identify potential security flaws.

Ethical hacking is an important tool for organizations looking to protect their digital assets. By identifying vulnerabilities before they can be exploited by malicious hackers, companies can take steps to prevent data breaches and other cyber attacks. Ethical hacking can also help organizations comply with regulatory requirements and industry standards for cybersecurity.

Ethical Hacking Course Introduction

Conclusion 

Because of these phishing assaults, all of the data will be put in jeopardy. Unfortunately, this kind of thing does not only happen to people but also large or small businesses. If someone steals your password, you must change it as soon as possible to something both tough to guess and complicated to prevent the hacker from gaining access to your account.