Salami Attack

Good Essays
Topics: Attack
Salami Attack
A salami attack is when small attacks add up to one major attack that can go undetected due to the nature of this type of cyber crime. It also known as salami slicing/penny shaving where the attacker uses an online database to seize the information of customers, that is bank/credit card details, deducting minuscule amounts from every account over a period of time. These amounts naturally add up to large sums of money that is unnoticeably taken from the collective accounts. Most people do not report the deduction, often letting it go because of the amount involved. This could be a fraction of a cent, so as to avoid suspicion from the unsuspecting customer states Raj B Lon sane.

The victims that take the fall for such acts are usually bank holders, and websites that store account information like PayPal. It can be quite scary to have amounts disappear in large portions at once, making it a onetime incident for the company. Raj B Lon sane states that the amount of money that is then lost cannot be replaced by the company, leading them to take on court battles without the money to replace what is lost. Therefore for an insider to do this on a regular basis, he/she deducts money slyly in small quantities without having the customer in question, take notice.

How to Avoid a Salami Attack
A company that protects personal account information of a customer has to be on the lookout for individuals who wish to put them in a compromising situation when it comes to another’s funds. Raj B Lon sane states that it is important to know how to tackle this from an angle that is highly sophisticated.
a) Banks have to update their security so that the attacker doesn’t familiarize himself/herself with the way the framework is designed, before finally hacking into it states Raj B Lon sane.

b) Raj B Lon sane adds that banks should advise customers on reporting any kind of money deduction that they aren’t aware that they were a part of. Whether a small or big

You May Also Find These Documents Helpful

  • Better Essays

    Battle of Salamis

    • 1598 Words
    • 7 Pages

    The Battle of Salamis The naval battle of Salamis was one of the last great battles of the Greco-Persian Wars, An invasion of Greece by the Persians Led by Persian King forces cunningly defeated Xerxes larger fleet under the leadership of Athenian general Themistocles. Xerxes, the son of King Darius was aggressive in the building of his empire. To get revenge for his late his father's defeat at Marathon, he led an army of 150,000 men and a navy consisting of 600 triremes (war vessels) into Greece…

    • 1598 Words
    • 7 Pages
    Better Essays
  • Good Essays

    battle of salamis

    • 1041 Words
    • 5 Pages

    As much as The Battle of Salamis was a significant victorious accomplishment for the Greek Navy, it was equally as important to the Persians as subdue against their Empire. As the reader embarks on a journey into a review on one of the greatest battle of all times, here is a brief summary about the Author, his background and the battle of Salamis through his eyes. Barry Strauss is currently the professor of history and classics at the prestigious Cornell University. He has been published countless…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Sources…………………………………………………………………………….....34 2 Internal analysis Background information The Larsini is the ancient salami making company which was found by Giuseppe Ghiberti in 1908, more than a century ago in the outskirts of Firenze, in Italy. Originally they started as a butcher’s shop in the old part of Firenze, but then the owner of this shop had decided to make salami. Due to his tenacity and persistence, the Larsini company flourished till nowadays. It is understandable that to maintain…

    • 7497 Words
    • 46 Pages
    Good Essays
  • Good Essays

    150 Salami Fraud 1

    • 768 Words
    • 3 Pages

    Salami Fraud (1) by M. E. Kabay, PhD, CISSP Associate Professor, Computer Information Systems Norwich University, Northfield VT The recent disclosure that WorldCom concealed almost $4 billion of expenses as if they were asset acquisitions and thus falsified its accounting reminds me of the very opposite kind of fraud – one that involves lots of little thefts instead of one gigantic theft. In the _salami fraud_, criminals steal money or resources a tiny bit at a time. Two different etymologies are…

    • 768 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Miltiades biggest contribution was to the battle at Marathon which was considered a significant impact on the Persian wars. It was in the battle at Marathon where he showed both witt and skill against the Persian army. He was considered valuable to the athenians because of his former close relations with the Persian army, which meant he knew there tactics and there ways to which they fought in battle. The Athenians made Miltiades 10th Commander to which each day starting from commander one every…

    • 523 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The Attack

    • 911 Words
    • 4 Pages

    The Attack by Yasmina Khadra follows the story of Dr. Amin Jaafari, a successful Palestinian surgeon who resides in Israel. He lives with his beloved wife, Sihem, live alone in a beautiful house. Amin and Sihem live happily until an unimaginable event occurs, Sihem is killed in a suicide attack. The police discover that Sihem was not a victim, but the bomber. Amin desperately attempts to understand how his kind, loving wife could possibly carry out such an attack. He sets out on an incredible…

    • 911 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    To what extent is Xerxes misinterpreted in both ancient and modern sources? Throughout history, it has been claimed by many that Xerxes, the fourth Persian king of the Great Achaemenid dynasty, was a cruel and intolerant leader, whose actions were more than questionable. However, in a time when Persian and Greek hostilities were quite extreme, due to Xerxes’ military decision to acquire Greece, there were few written sources which were not composed by his opposition or heavily influenced by the…

    • 1666 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The Tiger Attack It was the dinner time. Everybody was on the table. Adina's mother cooks food very well and tasty. She cooks rice, vegetable, chicken curry and maks salad. The food was very tasty and delicious. Prince had eaten the food. Now it was time to return own palace. Prince said, thanks for the dinner. Adina's mother and father said good bye to prince. Prince also raises own hand and he said good bye to them. Prince's army chained the thief and they return to palace.…

    • 1476 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The Attack on Pearl Harbor 20 Naval Vessels and over 200 planes were destroyed when the japanese attacked Pearl Harbor on the date December 7,1941at 8 A.M. . Japanese planes flooded the skies over Pearl Harbor the Japanese flew all night and planned the attack for months then it finally happened.The japanese were ready to spread across the south pacific.The attack on Pearl Harbor destroyed 20 American Naval vessels and caused America to declare war on Japan And Japan attacked the Pacific fleet.…

    • 411 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Heart Attack

    • 712 Words
    • 3 Pages

    Heart Attack General Purpose : To inform Specific Purpose : To inform my audience about the three main god,their weapon and the creatures. Central Idea : Heart attacks is the most fearful killer of million peoples around theworld. Main point :- Main point I : The prevention and control of the heart attack involves. Main Point II : People who at risk of the heart attacks. Main Point III : Symptoms of the heart attacks. Introduction Relevance • If you think that in young age you…

    • 712 Words
    • 3 Pages
    Good Essays