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FAQs

A salami attack is a collection of minor strikes that combine to form a large-scale attack. Slicing fractions of cents from each transaction, for example, would not show up in calculations due to rounding up figures, but after billions of transactions, you can take a significant amount.

When fraudsters alter transactions to be misused by them or their groups, they use micro-deposits for "salami" attacks. Fraudsters use this method to create hundreds of new accounts with bank account and routing information in order to test or steal them.

Salami Slicing is a type of financial cyber assault in which the thief takes a small amount of money that goes undiscovered in a single occurrence. The amount of money taken in each case would be extremely small (say Rs. 5), but there would be a high number of cases.

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