What is Phishing? How to protect yourself against fraudulent emailPosted: June 26, 2015
As briefly mentioned in last weeks blog post Protecting Your Identity , phishing is an activity where fraudsters pose as a legitimate company in order to obtain financial or other confidential information from individuals. If a scammer or fraudster gains access to your financial information, it leaves the door wide open for credit card and identity fraud. The most common type of phishing is through impersonation emails. It is trivially easy for a fraudster to impersonate a legitimate bank or organization. They can even make their “from” email address look like an official company. For example, say your financial institution is Trusted Bank of Canada, the fraudster could disguise their email as email@example.com. The fraudster is trying to trick you by gaining your trust in the impersonated company, and by scaring you into thinking your account is at risk.