What is Phishing?
Phishing, a form of cyberattack based on social engineering, is the top security risk for organizations today. Phishing techniques range from mass email blasts and text messages to targeted attacks against individuals with highly valuable information. Counterfeit websites play a prominent role in phishing exploits, imitating trusted websites and companies to instill confidence in potential victims.
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'Business email compromise (BEC), a scam involving unauthorized wire transfer, accounted for more than $1.2 billion in losses last year.'