Word of the Day | Phishing & Smishing

Word of the day - Phishing - Smishing

Phishing and smishing are both tricks scammers use to steal your personal information. Imagine them as fishing expeditions, but instead of catching fish, they're trying to catch your passwords, bank account details, or other sensitive stuff.

Here's the difference between the two:

  • Phishing: This is the classic bait-and-switch. You get an email (the bait) that appears to be from a legitimate source like your bank, credit card company, or even a popular online store. The email will often try to scare you (like saying your account is compromised) or lure you with a fake offer (like a big discount). It will then ask you to click on a link (the switch) that takes you to a fake website that looks real. Once you enter your information there, the scammers steal it.
  • Smishing: Think of this as phishing with a text message (SMS) instead of email. You might get a text that says your package is delayed, your bank account needs verification, or you've won a prize. Just like phishing emails, these texts will often include a link that takes you to a fake website or tries to download malware (viruses) onto your phone.

Here's the key thing to remember with both phishing and smishing: Never click on suspicious links or give out your personal information unless you're absolutely sure the contact is legitimate. If you're unsure, it's always best to contact the company directly through their official website or phone number.

https://www.dbm.academy/faq for more blockchain vocabulary.