Salami 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
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