Phishing is an email scam, where fraudsters send you an email and claim to be from a reliable organization, such as a banking institution.
How it works
You receive an email request to update or confirm your details by clicking on a link or an icon.
Once you click on it, a fake website is launched.
On the website, you are asked to share your account details, username or password for online banking, email account, cellphone number or bank card details.
Any details you provide on the fake website are captured by the fraudsters and used to defraud you.
How to identify it
There's usually a sense of urgency in the email, followed by a threat (like the suspension of your bank account).
You need to respond quickly, not giving you time to think things through or ask someone for advice.
The email states that you have been a victim of fraud, or have received funds, and you need to log in to your accounts ‘here' to report the incident and cancel your bank card, or give permission to release the sum of money.
You're asked to supply your personal and account details via a hyperlink, attachment or icon, provided in the email.
