What is phishing
Phishing is a form of what internet security professionals call social engineering. It is concerted effort by an individual or organization to collect information for malicious purposes.
They create legitimate looking emails designed to trick people into visiting fake websites where their usernames and passwords can be stolen, or install malicious software on your compute which is also designed to steal your usernames and passwords.
A great deal of your most personal financial information is secured only to the extent that you have personal knowledge of the information required to access it, and phishing scams are a direct attempt to attain that information.
Passwords, pin numbers, and social security numbers are common targets, but something as simple as your mother’s maiden name or your date of birth may be of value to those engaged in fraud.
One of the most common phishing schemes today involve email, and you probably have some attempts in your inbox right now.