How Phishing Works
Phishing works by a fraudster setting up a fake or spoof web site that is similar, or virtually identical to a legitimate web site, for example, a bank. An e-mail is then sent to many people (often millions) informing them that they must go to this website link in the e-mail and type in important information. The e-mail may tell them that if they fail to do this then they may end up losing money or that their bank account will not be secure.
This is a very effective scam because it is based upon people's fear. This kind of attack is often classed as a type of Social Engineering, as it is based on human characteristics rather than hardware or software.
Click on this link to read more about phishing: http://en.wikipedia.org/wiki/Phishing
Next: Phishing Scam
