Analyzing the Impacts of Phishing and Vishing Attacks in Internet Banking
Presently all banks provide online banking facilities to their customers and customers are using these services undoubtedly. But still there are the chances of online frauds in internet banking. A typical phishing attack is made up of two components: an authentic looking email and a fraudulent Web page. This form of spam frequently uses professional looking, HTML based emails that include company logos, colors, graphics, font styles, and other elements to successfully spoof the supposed sender. Vishing is very old scam or banking fraud. In this banking scam or fraud, the attacker phones the bank customers and uses social engineering to trick the bank customers into revealing secret information such as credit card information. The new is the use of voice over IP and how this changes the expected trust in the phone system. One of the major Vishing attack is cloned voice banking systems. In this paper, we presented the analysis of impacts of phishing and Vishing attacks on Internet Banking.