Credential harvesting is a serious threat to your organization's online security and privacy.
Understanding how credential harvesting attacks work is crucial in safeguarding your personal and business data.
Common Techniques Used in Credential Harvesting Attacks Phishing Emails: Cybercriminals send seemingly legitimate emails impersonating trusted entities, typically with urgent requests or enticing offers that prompt recipients to click on links.
A common credential harvesting technique is called smishing-using SMS phishing messages to trick users into clicking malicious links.
Look for patterns of brute force login attempts or abnormal data transfers that could indicate a credential harvesting attack.
Remember, the presence of a single sign usually doesn't confirm a credential harvesting attack.
Credential harvesting attacks pose significant threats to businesses across various industries, although it's especially common and dangerous in the financial services industry.
Credential harvesting attacks target organizations of all sizes and industries.
Banks, insurance companies, and investment companies are under constant threat from sophisticated credential harvesting campaigns aimed at accessing the sensitive financial information of its customers.
A data breach resulting from a successful credential harvesting attack breaches that trust and will always inflict severe reputational damage on the affected business.
A successful credential harvesting attack is a failure to comply with these frameworks and will result in substantial fines, legal fees, and compliance costs.
By understanding a cybercriminal's methods and techniques, individuals and organizations can effectively defend themselves against credential harvesting attacks and protect their sensitive information from unauthorized access and exploitation.
Educating users about the dangers of credential harvesting and how to identify phishing attempts is critically important.
Encouraging users to create strong, unique passwords for each online account is crucial in preventing credential harvesting attacks.
Powerful email filtering and antivirus software can help flag and block malicious emails and files associated with credential harvesting attempts, from malware to email spam.
Fraud prevention software like DataDome monitors the traffic and user behavior on your websites, mobile apps, and API to detect and prevent potential credential harvesting activities in real-time.
Newer technologies, like artificial intelligence and machine learning, can analyze patterns and behaviors to identify potential credential harvesting attacks.
We haven't yet discussed one of the easiest and most effective ways to eliminate the risk of credential harvesting attacks: DataDome, online bot and fraud protection software that protects all your web, mobile, and API endpoints against automated threats.
Credential harvesting attacks involve stealing sensitive information like usernames and passwords through methods like phishing, smishing, or code exploits, all designed to trick users into revealing their credentials.
Credential harvesting can be prevented by educating users about phishing, using strong and unique passwords, enabling multi-factor authentication, and implementing robust security measures such as email filtering, employee training, and credential stuffing prevention software.
This Cyber News was published on securityboulevard.com. Publication date: Tue, 19 Mar 2024 10:13:08 +0000