Phishing scams are getting more sophisticated — what to look out for - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Phishing scams in which hackers pose as trusted figures to trick people into handing over passwords are getting increasingly sophisticated.

These break-ins are on the rise. Phishing scams — in which attackers pose as a trustworthy party to trick people into handing over personal details or account information — were the most common type of internet crime last year, according to a. People lost more than $57.8 million in 2019 as the result of phishing, according to the report, with over 114,000 victims targeted in the US.

Ganacharya monitors phishing tactics in order to build machine-learning systems that root out scams for people using Microsoft services, including Windows, Outlook, and Azure, Microsoft's cloud computing service. This week, Microsoftthat it will begin selling its threat-protection services for platforms including Linux, iOS, and Android.

"You might get into a network through someone, like a sales associate. But then through that you can laterally move by sending phishing emails to, let's say, the admin of that candidate," Ganacharya said. "And then once you're able to compromise the admin, you can actually leverage that company's domain and send emails to the larger cargo."

Goggle.com, one of the longest-running typosquatting sites, aims to capture traffic from people who misspell the search giant's name.In this phishing scheme, also known as URL hijacking, attackers buy domains that are slight misspelling of popular websites, like. The tactic was a mainstay of the early days of the internet, but has recently seen a resurgence.

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