Final answer:
Phishing is a deceptive method used by hackers to obtain personal information through disguised websites that resemble legitimate entities. These tactics can lead to identity theft and financial loss. It is important to be cautious, verify the authenticity of requests for personal information, and regularly check credit history for signs of unauthorized activity.
Step-by-step explanation:
Phishing is the term used to describe messages that lure you to a disguised website where you are asked to enter passwords, credit card numbers, or other personal information. Hackers use this method as a form of social engineering to trick individuals into giving out personal information that can then be used for identity theft. This scheming practice preys on the trust of individuals who believe they are interacting with a legitimate organization or individual.
Cybercriminals often use urgent language or appealing offers, such as the promise of wealth from a displaced Nigerian prince, to entice victims into clicking on links leading to these fraudulent sites. Once there, unsuspecting victims may end up sharing their sensitive data, which could result in drained bank accounts or unauthorized purchases. It is critical to be wary of unsolicited requests for sensitive information, even when they seem legitimate, and to monitor one's credit history for any unusual activity that may signal that personal information has been compromised.