WK #3: Sophisticated Phishing Scam Targeting Lloyds Bank Customers

One of the largest banks in England and Wales, Lloyd Bank fell victim to an elaborate phishing scam. Clients were sent emails and text messages that displayed warnings that their accounts would be shut off unless they logged in to verify their credentials. The attacker then set up a realistic site that contained official words, logos, and personalized details to trick the user into believing the legitimacy. Phishing attacks are one of the most easily used social engineering attacks, many clients untrained in identifying the signs fall easily into giving up their PII. In July, HSBC Bank also faced a similar attack and prompted users to give up their credentials.

https://www.infosecurity-magazine.com/news/phishing-scam-lloyds-bank-customers/

 

Discussion Questions:

1. What are the attacks targeted audience demographic for phishing attacks?
2. How can companies resolve the issue internally as well? (As many employees are also susceptible to these attacks)