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The art of Phishing (fraud) explained

Okay I’m sure you’ve heard someone say, “Stop fishing for information!” right? Phishing similar in a way, in that the scammer tries certain things to get you the unsuspecting consumer to give him OR her your details e.g. your online banking username & password.
Once they have this information, expect to receive a whole lotta SMS’s from your bank as your bank balance diminishes by the second.
Now there is a whole lot that can be written to explain phishing scams in detail but this video does a much better job on video.

video source: Common Craft
Do post your thoughts on phishing by commenting below.

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