What is a pharming attack?
Pharming is a topic that is tested on the BEC section of the CPA exam. Pharming relates to cybersecurity as it is a specific type of cyber attack. A pharming attack is when a hacker mimics a real website and redirects a user to the fake website.
For example, if the web user was trying to go to shop.com, then the hacker would create a website that mimics shop.com, and redirect the web user to the fake website. The hacker would then try to access the users personal computer and steal information or infect the users computer with a virus.
You might also be interested in...
What is economies of scale?
Economies of scale illustrate the advantages companies are able to realize from increasing their volume or output. For example, if the fixed cost to operate in the automotive industry is $100,000, then producing 100 cars instead of 5 cars represents a lower fixed cost per unit and overall cost per unit. Due to the higher […]
What is the law of supply and demand?
The law of supply and the law of demand are two separate laws that work together to determine the optimal price point of a product (rather than the market as a whole). As a general rule, if price increases, then supply will increase, and demand will decrease. If price decreases, then demand will increase, and […]
Types of elasticity measures in supply and demand?
To understand elasticity measures, you will need to have a solid understanding of the law of supply and demand. In short, the law of supply and demand says that a price increase will increase supply and decrease consumer demand, but a price decrease will decrease supply and increase demand. Aside from changes in price, there […]