Domestic private banking solutions can be quite successful as an effective protection against whaling-style cyber attacks which are used as a basis for more complex targeted phishing

https://doi.org/10.1016/j.procs.2022.11.083Get rights and content
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Abstract

The growing anti-Russian cyber attacks from outside has increased dramatically by spring months primarily with phishing and DdoS. Later we observe unusual increase in interest in whaling, the methods of which are used as a basis for more complex targeted phishing. This rare variety of phishing is not too well known within local IS. However effective protection metods should be carried out taking into account the imbalance in the corporate strategy of Russian business evolution: between the current level of corporate relations development, and the existing methods of IS. Thus domestic private banking solutions can be quite successful with effective protection against whaling-style cyber threats.

Keywords

Information security
Cyberattacks
Whaling
Phishing
Intercultural communications
Private banking
VIP clients
Corporate strategy
anti-Russian sanctions

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