The rapid development in information technology, most banks today in India adopt the practice of mobile and electronic banking. The banks uses smsemails to communicate with its users. Exploiting this technique many cyber criminals start sending the fake emails, sms and create a fake login page to steal the details of the customer, thereby launching a phishing attacks on the victims.
The details are required to be entered on a fake login page created by a cyber-criminal whichare disguised as coming from the banks. The customer not aware of phishing attacks sends his information which is directed to the attacker not the banks in a real scenario.
The technique of creating fake login pages as originating from a bank, to extract details from the customers is called phishing. The banks are also educating the customers by conducting awareness programs and also sending awarenesssms to customers not to fall prey for phishing attacks.
The latest amended act of Information Technology Amended Act 2008 has introduced the legal provisions in regard to “Phishing “under Section 66.
The Section 66 of the IT Amended Act 2008 also provides additional provisions to curb phishing attacks through Section 66A, C, D which also attract liabilities with punishment by the way of imprisonments, fines.
Report by Sai Sushanth