The most common "talk" therapy used to treat panic and anxiety attacks is Cognitive Behavioral Therapy (CBT). The premise of CBT is that thoughts, emotions and actions are interconnected. Often emotions are driven by thoughts, sometimes conscious, other times less so. For example, consider the thought "If I don't get an 'A' on this exam, I will fail the course, which would prove that I'm a bad student." Such a thought could lead to shallow breathing and a faster heart beat. This in turn can lead our brains to think that we are getting ready to fight or flee and lead to an increase in feelings of fear or terror. In CBT therapy the mental health professional will introduce techniques such as guided visualization, progressive muscle relaxation, or breathing exercises to try to interrupt the signals in the brain that think we need to prepare for fight or flight. Additionally, clients are also introduced to exercises to try to identify cognitive distortions (untrue beliefs) and provide alternative thoughts with more balanced outcomes. The above thought example may become "If I don't get the score I want on this exam, it would make me feel poorly about my effort. But one score does not indicate my worth as a student or a person." Feel like trying CBT? There's an app for that called
CBT Thought Diary, available for both Android and iPhone for free.