What is Salami slicing
Many times you must have heard that a hacker stole a rupee from the account of many people and deposited crores, it is possible that today we are going to know how hackers are able to carry out such works, how can we detect them And how to avoid them. Such an attack is called a salute attack or salute slicing. Inside the security security, a salute attack means a whole series. Ate-are small attacks that result is to execute which is very large plant Salami attacks are mostly done for illegal activities, and the attackers who come in it get the advantage that they are so small from a very small level that you will not even notice them, you will feel that it is absolutely legal. The way the work is being done, so the attackers of that method do not get caught at all, although these things can be caught but there is a lot of it Education takes time The attackers who buy such a large database from the dark web to execute such an attack, you will be aware that the data of thousands of millions of people is sold in the dark.web this is the kind of hackers to execute the attacks. Buy data In this, they steal your bank account and debit card credit card details and withdraw very small amount. Suppose if one to two rupees were withdrawn from your bank, then in this case you will think that there is no cut for any service or not. So we will complain and go to the bank, but just think that if this money is deducted from the accounts of millions of users, then you can imagine how much this amount can be the attackers Let's take advantage of this because it cannot be easily detected if you feel that this is a new technique, then let me tell you that this technique has been going on since many years ago.
Salami Slicing Incidents?
Like, in January 1993, 4 people were caught who ran a rental car franchise, inside Florida, they stole a lot of money through Salami attacks from about 47000 people
In Los Angeles, in October 1998 district attorneys charged four men with fraud for allegedly installing computer chips in gasoline pumps that cheated consumers by overstating the amounts pumped.
In 2008, a man was arrested for fraudulently creating 58000 accounts which he used to collect money through verification deposits from online brokerage firms a few cents at a time.
On 6 September 2018 British MP Tom Tugendhat, in a House of Commons speech, accused the Russian Government of Salami Slicing tactics.
How to Detect?
Find indications of an attack (ex. an account that grows without deposit transactions)
Random audits especially of financial data, will pick up a pattern of discrepancies and lead to discovery.
Don't ignore what appear to be errors in computer-based financial or other accounting systems.
How To Prevent?
The corporate has to update the security of the system as high as possible so that if the attacker is taking advantage of any loophole than that bug is patched and attack is avoided.
Also those banks should advise customers on reporting any kind of money deduction that they aren't aware that they were a part of .Whether a small or big amount' banks should encourage costumers to come forward and openly tell them that this could mean that an act of fraud could very well be the scenario.
The safe thing to do is to make sure the bank/website is highly trusted and hasn't been a part of a slanderous past that involved fraud in any way.
Also those banks should advise customers on reporting any kind of money deduction that they aren't aware that they were a part of .Whether a small or big amount' banks should encourage costumers to come forward and openly tell them that this could mean that an act of fraud could very well be the scenario.
The safe thing to do is to make sure the bank/website is highly trusted and hasn't been a part of a slanderous past that involved fraud in any way.
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