What is a Salami Attack?
A salami is a slice of meat.
An attack is made on the computer system or network where a cybercriminal successfully transfers a small amount of money (a very negligible amount) from the victims file or bank account to his account.
The transferred amount is a small slice of a big amount and is hence called as Salami Attack.
What are the threats?
This attack exploits the lacuna in a weak accounting or banking system and transfers a small amount from every account to the fraudster’s account.
What are the risks?
Although this attack usually takes a small, nearly negligible amount in every attack, when these attacks are carried out continuously it results in a huge financial loss to the victim, usually banks or financial institutions. Additionally, reputation and credibility are also at stake.
