Man-in-the-middle Attacks

Account Security Fraud
Man-in-the-middle (MitM) attacks are cyberattacks where an attacker secretly intercepts and relays messages between two parties.

What are Man-in-the-Middle (MitM) Attacks?

Man-in-the-middle (MitM) attacks are cyberattacks where an attacker secretly intercepts and relays messages between two parties who believe they are communicating directly with each other.

How Man-in-the-Middle (MitM) Attacks Occur?

  1. Wi-Fi Eavesdropping
    • Intercepted Data: Attackers intercept data transmitted over unsecured Wi-Fi networks.
  2. HTTPS Spoofing
    • Fake Websites: Creating fake websites that appear secure to intercept sensitive information.
  3. Email Hijacking
    • Compromised Accounts: Hijacking email accounts to intercept and manipulate communication.
  4. Session Hijacking
    • Session Takeover: Taking over a user’s session after they have authenticated with a service.
  5. DNS Spoofing
    • Redirected Traffic: Manipulating DNS queries to redirect traffic to malicious websites.

What are the Impacts of Man-in-the-Middle (MitM) Attacks on Businesses?

  1. Financial losses
    • Fraudulent Transactions: Financial losses from intercepted and manipulated transactions.
  2. Data Breaches
    • Compromised Information: Loss of sensitive company data and confidential information.
  3. Reputation damage
    • Trust Issues: Erosion of customer trust due to security breaches.
  4. Operational disruption
    • Business Interruption: Disruptions in operations while addressing security breaches and reinforcing security measures.
  5. Legal and Regulatory Consequences
    • Compliance Issues: Potential fines and legal repercussions for failing to protect communications adequately.

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