Types of Salami attacks
- Salami Slicing: Salami Slicing occurs when the attackers/hacker get customer information, like Bank/credit card details and other similar sort of detail by using an online database the attacker/hacker deduct an awfully touch of cash from each account and these amounts add up to an oversized amount of cash and this can be often invisibly to deduct such amount. because the amount is tiny. thanks to the limited amount of cash the bulk of individuals doesn’t report the deduction. as an example, suppose an attacker/hacker withdraws ₹0.0001 from each checking account. Nobody will notice so, an oversized sum is produced when one dollar is deducted from each account holder at that bank and the attacker got a stack of cash.
- Penny Shaving: when the attackers/hacker steal money in small amounts. By using rounding to the closest within the transactions. so, change is so small so, nobody can detect such dough in a single transaction
What is Salami Attack?
A salami attack is a method of cybercrime that attackers or a hacker typically used to commit financial crimes. Cybercriminals steal money or resources from financial accounts on a system one at a time. This attack occurs when several minor attacks combine to create a sturdy attack. because of this sort of cybercrime, these attacks frequently go undetected. Salami attacks are used for the commission of economic crimes Those who are found guilty of such an attack face punishment under Section 66 of the IT Act.
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