Pharming Absa | Corporate and Investment Banking > Insights and Events > Pharming SHARE Pharming is a technique that is used by fraudsters whereby they redirects users from legitimate websites to fraudulent ones, intercepting login attempts and leading to unauthorised access, identity theft and fraud. How it happens and red flags to look out for Fraudsters manipulate the Domain Name System (DNS) to redirect legitimate website traffic to a malicious lookalike site. You enter the correct URL, but the website looks slightly off (e.g., logo distortion, odd grammar, outdated interface). Be vigilant of fake Wi-Fi hotspots: Attackers create free public networks that reroute users to phishing website. Unexpected requests for sensitive information (e.g., banking PINs, OTPs, or usernames. How to respond and protect yourself or organisation Review the URL, to identify for subtle misspellings or missing letters. Look for HTTPS & secure padlock. Be wary of entering credentials on an unknown site. Reporting options To report fraud-related incidents, please email cibfraud@absa.africa To report phishing incidents, please email secmon@absa.co.za To report a matter after business hours, please contact our Fraud Hotline on 0860 500 703 or 010 211 3117. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles FRAUD Fraud Alert Fraud is more than just a crime—it’s a global threat that silently drains billions from economies, shatters businesses, and ruins lives. From Social engineering, Cyber scams and identity theft to corporate deception, embezzlement and financial misstatements, fraud erodes trust in systems we rely on daily. Read more FRAUD Spyware Spyware involves the use of malicious software to covertly infiltrate computers or networks with the intent of collecting sensitive information. The information collected can then be used by fraudsters to commit fraud, including unauthorised access to bank accounts, theft of corporate data, and manipulation of financial transactions. Read more FRAUD Keylogger Keyloggers are programs that record everything you type, including passwords, emails, and credit card numbers. Installed via Trojans or malicious downloads. Read more
