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Glossary
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Phishing

Phishing is a fraudulent practice where scammers impersonate a legitimate institution or individual to deceive people into revealing sensitive personal information, such as login credentials, credit card numbers, or social security numbers, usually through fake emails, messages, or websites.

Example #1

An individual receives an email that appears to be from their bank, asking them to click on a link to update their account information. The link directs them to a fake website that looks identical to the bank's official site, where the victim unwittingly enters their login details, which are then stolen by the scammers.

Example #2

A person receives a text message claiming to be from a well-known online retailer, stating that they've won a free gift card. To claim the prize, they are asked to provide personal information, which is used for identity theft purposes.

Misuse

Phishing can lead to identity theft, financial losses, and compromised personal information. It is crucial to protect against phishing attacks to safeguard sensitive data, prevent unauthorized access to accounts, and minimize the risk of fraud and scams.

Benefits

By being vigilant and cautious, consumers can protect themselves from falling victim to phishing attempts. By recognizing the signs of phishing scams, such as suspicious emails asking for personal information or urgent requests for login details, individuals can avoid compromising their financial and personal security.

Conclusion

Phishing is a prevalent online threat that targets individuals' confidential information for malicious purposes. It is essential for consumers to stay informed, maintain a healthy skepticism towards unsolicited requests for personal data, and verify the legitimacy of sources before sharing any sensitive information.

Last Modified: 4/30/2024
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