What is phishing?

Phishing is an attempt by criminals to acquire confidential information such as passwords and Social Security numbers. Phishing attacks are usually carried out via an email—claiming to be from a legitimate bank or credit card company—that contains a link to a fraudulent website.

Clicking on the link takes you to a webpage requesting you to enter sensitive data such as bank account numbers, passwords and PINs. The information collected is then used to steal your identity, make unauthorized purchases or apply for credit.

Why you need anti-phishing

Phishing emails are increasingly common and can look very convincing.

A successful phishing attempt can result in identity theft, credit card fraud, bad credit and financial loss.

Criminals use phishing attacks because they work: A recent study showed 23 percent of recipients open phishing messages, and 11 percent open attachments.