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Phishing is a form of attack that tricks victims into providing confidential information
Phishing is a type of social engineering attack that is frequently used to steal user information such as login credentials and credit card numbers. It happens when an attacker poses as a trusted entity and tricks the victim into opening an email, instant message, or text message. The recipient is then duped into clicking a malicious link, which can result in malware installation, system freezing as part of a ransomware attack, or the disclosure of sensitive information.
An attack can have disastrous consequences. Individuals are affected by unauthorized purchases, theft of funds, or identity theft.
Furthermore, phishing is frequently used as part of a larger attack, such as an advanced persistent threat (APT) event, to gain a foothold in corporate or governmental networks. Employees are compromised in this scenario in order to circumvent security perimeters, distribute malware within a closed environment, or gain privileged access to secured data.
An organization that is the victim of such an attack typically suffers severe financial losses as well as a loss of market share, reputation, and consumer trust. Depending on the scope, a phishing attempt could turn into a security incident from which a company will struggle to recover.
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