Phishing is a very sneaky type of fraud conducted over the Internet. Its name is a throw back to the early days of hacking and identity theft and the practice of phone phreaking. While there can be very complicated schemes devised, they are all based on a very simple concept.
Phishers try to persuade you, or trick you into giving them sensitive information which they can then use to make money out of the system. For example, one very attractive target for phishers would be…