What is Phishing?
Phishing is the act of sending email that falsely claims to be from a legitimate organization. This is usually combined with a threat or request for information: for example, that an account will close, a balance is due, or information is missing from an account. The email will ask the recipient to supply confidential information, such as bank account details, PINs or passwords; these details are then used by the owners of the website to conduct fraud.
There are also other types of phishing that you may experience.
- Spear phishing - Here, the attempts to “phish” are focused on specific companies or persons. The phishers make sure that they have researched substantial personal information about the target so that they could be more convincing and successful.
- Whaling - The targets in this style of phishing are high profile ones such as senior executives or company owners.
- Phone phishing - Phones are also used to steal PINS and passwords. The victim is usually prompted to dial another number so that the issue could be resolved. The information is relayed to the voice prompt or receptionist that’s made to sound like they’re from credible companies.