Spear Phishing
Phishing, as you know, is the process of attempting to get personal information from a target in order to steal the target’s identity or compromise the target’s system. A common technique is to send out a mass email that is designed to entice recipients to click on a link that purports to be some financial institution’s website but is actually a phishing website.
Spear phishing uses the same technology as phishing but in a targeted manner. For example, if an attacker wanted to get into the servers at a defense contractor, he might craft email and phishing websites specifically to target software and network engineers at that company. The emails might be made to appeal to that specific subgroup of people. Or the attacker might even take the time to learn personal details of a few of these individuals and target them specifically. This technique has been used against executives at various companies. In 2010 and 2011, this problem began to grow significantly.
Whaling is a form of phishing in which an attacker attempts to compromise information regarding a specific highly valuable employee. It involves the same techniques as phishing but is highly customized to increase the chances that the single individual target will be fooled and actually respond to the phishing attempt.