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Spear - Phishing
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"Spear Phishing" is a method of sending a Phishing message to a particular organization to gain organizational information for more targeted social engineering. Spear phishers send E-Mail that appears genuine to all the employees or members within a certain company, government agency, organization or group. The message might look like as if it has come your employer, or from a colleague who might send an E-Mail message to everyone in the company (such as the person who manages the computer systems); it could include requests for usernames or passwords. Unfortunately, through the modus operandi of the Spear phishers, the E-Mail sender information has been faked or "spoofed." While traditional Phishing scams are designed to steal information from individuals, Spear Phishing scams work to gain access to a company's entire computer system. If you respond with a username or password, or if you click on the links or open the attachments in a Spear Phishing E-Mail, pop-up window or website, then you might become a victim of ID theft and you might put your employer or group at risk.

Spear Phishing also describes scams that target people who use a certain product or website. Scam artists use any information they can to personalize a Phishing scam to as specific a group as possible. Thus, "Spear Phishing" is a targeted E-Mail attack that a scammer sends only to people within a small group, such as a company. The E-Mail message might appear to be genuine, but if you respond to it, you might put yourself and your employer at risk.

Whaling

This is a specific form-of "Phishing" and/or "Spear Phishing" - targeting executives from the top management in the organizations, usually private companies. The objective is to swindle the executives into revealing confidential information. Whaling targets C-level executives sometimes with the help of information gleaned through Spear Phishing, aimed at installing malware for keylogging or other backdoor access mechanisms.

E-Mails sent in the whaling scams are designed to masquerade as a critical business E-Mail sent from a legitimate business body and/or business authority. The content of an E-Mail usually involves some kind of falsified industry-wide concern and is meant to be tailored for executives.

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