Whaling is much like phishing, but hackers target more lucrative targets. Also, unlike phishing, whaling involves targeting fewer individuals and with more specific attacks. SIMEON TASSEV, offers some tips to prevent a company from becoming a whaling target.
One of the largest online security threats to individuals and businesses today doesn’t come from new sophisticated malware tools, but rather from distinctly low-tech phishing and whaling campaigns. A recent survey of IT experts from the US, UK, South Africa and Australia exposed the reality that cyber threats are increasing both in volume and size, and that up to 55% of organisations have seen a rise in whaling email attacks over the last three months of 2015. What is the difference between whaling and phishing? Realistically, “whaling” is just another term for “phishing”, the difference between the two lies in the size of the fish, and thus “whaling” refers to bigger, more lucrative targets.
Whaling involves targeting fewer individuals but the attacks are more specific. Whereas phishing is based on volume, whaling is the opposite and targets a much smaller audience, which is usually an organisation’s “big phish”. These are usually high-value individuals whose credentials or access to data, if compromised, could endanger the entire business; which is why these kind of attacks are also called “Business Email Compromise” attacks. These kinds of threats are harder to detect because they are stealthier and fewer in number than widespread phishing campaigns. Targets of choice for whalers include senior executives and high-level officials in private businesses, as well as those with privileged access to government information.
The anatomy of a whaling attack
Whaling attacks are generally directed at business executives at large organisations and the intention behind these attacks is to trick financial staff into making fraudulent wire transfers to bank accounts controlled by whalers. How do these attackers get it right? Their targeted campaigns typically involve emails that appear to be from the CEO, Chief Financial Officer or other senior executive to an individual within the company who holds the authority to make electronic transfers on behalf of the organisation.
These emails make use of compelling language that conveys a sense of urgency to get the recipient to act as quickly as possible in response to the email. An example of such an attack is where an email comes through, purportedly from the CEO, asking finance staff to rush through a payment to a supplier that the executive cannot handle because they are out of the office.
Attacks from the inside
Research shows that most whaling attacks pretend to be from the CEO (72%), while 36% had seen whaling emails attributed to the CFO, which means that this type of targeted attack relies on a significant amount of prior research into the targeted organisation to allow attackers to identify their target correctly and obtain the most successful result possible. Whalers do their research on corporate databases and make use of social networking sites like Facebook, LinkedIn and Twitter to trawl for information. It is because whaling emails rely on social engineering to trick their targets into doing something, rather than tricking them to click on a hyperlink or malicious attachment, that whaling emails are harder to detect when compared to phishing emails.
Protecting your company from whaling attacks
From an organisational point of view, such attacks can be approached with the same mindset applied for corporate espionage security, as they are essentially the same. The controls are still along the lines of anti-phishing technology which is linked to email, but because of the targeted nature of the whaling attack, it can be a lot more difficult for technology to pick up, which is why it’s important to add an awareness element to preventive measures taken.
This means educating senior management, key personnel and finance teams about this specific kind of attack and asking them to be more suspicious of requests received through email. While there are technologies that can be used to confirm, for example, the originator’s email, it is incumbent on the recipient to confirm or identify the source of communication before they take action on the email and to this end, finance team procedures will need to be reviewed in order to prevent whaling, specifically how payments to external third parties are authorised.
Furthermore, senior executives need to be careful what kind of contact information is available for them in the public domain. This means that a company should have a policy in place which refers to access control to and disclosure of senior personnel contact information. Realistically, someone may not have an issue giving a contact number for the help desk, but they should have an issue giving a contact number for their senior executives and access controls should be implemented to hinder information gathering tactics.
It is also advisable to make use of various technological measures that simplify the matter. In terms of validating the source of emails, like with phishing, whaling emails can have the source of the email description and the technical structure of the email validated, using targeted threat prevention solutions integrated with email security. Also useful is inbound email stationery that marks and alerts personnel to emails that have come from outside the corporate network. Additionally, domain name registration alerts can be used to notify an organisation when domains are created that closely resemble that corporate’s domain, making it that much harder for a whaler to launch a successful attack from within.
- Simeon Tassev, Director and QSA, Galix Networking
As selfie cameras rise, so must selfie etiquette
Selfies were once a sign of narcissism or self-obsession. Now they are the new normal, writes ARTHUR GOLDSTUCK.
You can blame Oxford Dictionaries for making the “selfie” respectable. After all, being named Word of the Year, as it was in 2013, does tend to soften some of the self-consciousness in this most self-conscious of actions.
Once seen as a symbol of narcissism and self-obsession, it is now the new normal, to the extent that most smartphones are sold on the basis of the front camera. Or, as that feature is now almost universally named by manufacturers, the “selfie camera”.
I was one of the hold-outs, having a near-allergy to the selfie. I still resist, but succumb more often than I would like. The reason for continued resistance is that it remains a big leap from the word becoming respectable to the action itself shedding its narcissistic image.
For most, it’s already happened, and for that you can blame Ellen DeGeneres. She choreographed the most famous group selfie yet at the 2014 Oscars, when she roped a bunch of actors into a group selfie, using the then-new Samsung Galaxy S5 smartphone. Her tweet of the photo became what was then the most retweeted posting ever on Twitter, and was estimated to have been worth a million dollars in marketing value to Samsung.
Ironically, it was Samsung’s up-and-coming challenger, Huawei, that came up with a new word for this type of selfie: the “groufie”. Thanks to an 8 Megapixel front camera on the new Huawei Ascend P7 camera that year which took the highest quality selfies – and groufies – possible on a smartphone at the time.
It didn’t end there, and selfies and groufies have morphed into variations like selfscapes (selfie in a landscape), skyfies (selfies from the air, using remote controlled devices) and jerkies (selfies to make an idiot out of yourself). I invented all of those on the fly, so it’s easy to imagine a new word emerging for every type of selfie.
Continue reading about selfie improvements through the years.
Mickey’s 90th for SA
Disney Africa announced the local launch of the Mickey the True Original campaign, joining the global festivities honouring 9 decades of Mickey Mouse, his heritage, personality and status as a pop-culture icon.
As 18 November 2018 marks 90 years since his first appearance in Steamboat Willie in November 1928, a series of world-wide celebrations will be taking place this year and South Africa is no different.
The campaign will come to life with engaging content and events that embrace Mickey’s impact on the past, present and future. The local festivities kick off in earnest this month, leading up to Mickey’s 90th anniversary on 18 November 2018 and beyond:
- An exclusive local design project where ten highly talented South African artists will apply their own inspiration and artistic interpretation on 6-foot Mickey Mouse statues.
- Once revealed to the public, the statues will form part of the Mickey the True Original South African Exhibition, inspired by Mickey’s status as a ‘true original’ and his global impact on popular culture. The exhibition will travel to 3 cities and delight fans and families alike as they journey with Mickey over the years. Featuring 4 sections highlighting Mickey’s innovation, his evolution, influence on fashion and also pop culture, the exhibition is in collaboration with Samsung and Edgars, and will visit:
o Sandton City, Centre Court: 28 September – 14 October
o Gateway Theatre of Shopping, Expo Explore Court: 19 October – 11 November
o Canal Walk Shopping Centre. Centre Court: 16 November – 26 November
- Samsung continues their collaboration with Disney as they honour Mickey’s 90th anniversary nationally at all Samsung and Edgars Stores. Entitled Unlocking the Imagination, fans are encouraged to visit these stores, take a selfie with a giant Mickey plush toy using their Samsung Galaxy Note9 and stand a chance to win not only a giant Mickey plush, but also an international family trip. Visit www.Samsung.com for more information
- Mickey’s 90th Spectacular, a two-hour prime-time special, will be screened on M-Net 101 later this year. The elegant affair will feature star-studded musical performances, moving tributes and never-before-seen short films. Superstars from music, film and television will join the birthday fun for the internationally beloved character.
- In addition, look out for special programming on Mickey’s birthday (18 November) across Disney Channel (DStv, Channel 303), Disney XD (DStv, Channel 304) and Disney Junior (DStv, Channel 309).
- In retailers, Edgars will be stocking a complete collection of trendy fashion, accessories and footwear for the whole family, inspired entirely by Mickey Mouse.
- Mickey will be the central theme of an in-store campaign nationwide this November and December, with brand new products, apparel, toys, as well as titles from Disney Publishing Worldwide, including books, arts & crafts and comics
- Discovery Vitality and Disney are celebrating healthy, happy families this festive season by offering helpful and exciting tips and tricks on how to eat nutritious, yet delicious, foods, all inspired by Mickey. There’s also a trip to Disneyland Paris up for grabs. Log on to www.discovery.co.za/vitality for information.
- And much more – check the press for updates
“Binding generations together more than any other animated character, Mickey Mouse is the “True Original” who reminds people of all ages of the benefits of laughter, optimism and hope,” says Christine Service, Senior Vice President and Country Manager of The Walt Disney Company Africa. “With his universal appeal and ability to emotionally connect with generations all over the world, no other character quite occupies a similar space in the hearts and minds of a global fan base and we are thrilled to be sharing these local festivities.”
Mickey’s birthday is celebrated in honour of the release of his first theatrical film, Steamboat Willie, on 18th November 1928, at the Colony Theatre in New York City. Since then, he has starred in more than 100 cartoons and can currently be seen on Disney Channel (DStv, Channel 303) in the Mickey Mouse cartoon series and on Disney Junior (DStv, Channel 309) in Mickey and the Roadster Racers.
South African fans are encouraged to share their Mickey Mouse moments on social media using the hashtag#Mickey90Africa.