Spear Phishing

Attackers Are Having a Whale of a Time

 Attackers Are Having a Whale of a Time

Many historic New England towns once featured a profitable commercial whaling industry. Fortunately, that has been banned in most parts of the world, replaced by whale watching trips popular with tourists and locals alike.

The humpbacks might be off the hook, but there is a new kind of “whaling” on the scene. It’s a subset of phishing aimed at a high-level targets such as small business owners and executives. And it’s only building in popularity – whaling attacks increased an estimated by 200% in 2017.

Spear Phishing: A New Take On An Old Classic

Spear Phishing: A New Take On An Old Classic

We recently met with a local company here near Portland, ME who was suspicious their email had been exploited. The finance manager had received an email from the President requesting a wire transfer to be made in order to pay an invoice, totaling upwards of $20,000. While the timing was a little unexpected, the request wasn't far from business as usual. The email looked real to her and, at first glance, it was very difficult to identify that it was not from him.