"Phishing" is the term used for the practice of sending legitimate-looking email to Internet users that directs them to a site that looks like a real one, but is actually a fake. Victims are usually asked to go to the site to update personal information, such as bank account numbers, which are then used by the criminals to make online financial transactions.
The first recorded mention of the word phishing is on the alt.2600 hacker newsgroup in January 1996, although the term may have appeared even earlier in the printed edition of the hacker magazine 2600.
The first recorded mention of the word phishing is on the alt.2600 hacker newsgroup in January of 1996, although the term may have appeared even earlier in the printed edition of the hacker magazine 2600. 3) Phishing has occurred on every major English-speaking continent, with banks being the most frequent target. Some major banks have been hit with as much as 16 to 20 phishing attacks per day.
57 million consumers have received phishing emails and nearly 11 million online adults representing about 19 percent of those attacked have clicked on the link in a phishing attack email. 1.78 million Americans, or 3 percent of those attacked, remember giving the phishers sensitive financial or personal information, such as credit card numbers or billing addresses, by filling in a form on a spoof Web site (2004 data). The financial services sector is the most targeted sector by phishing attacks.