What is Phishing?

Phishing is where a user receives a hoax email which looks like it comes from a trusted organisation but is actually from a fraudulent third party.
These emails usually ask the user to logon to the website and confirm their personal or logon details, often for, 'Security Reasons'.

An e-mail to a user falsely claiming to be an established legitimate enterprise in an attempt to scam the user into surrendering private information that will be used for identity theft. The e-mail directs the user to visit a Web site where they are asked to update personal information, such as passwords and credit card, social security, and bank account numbers, that the legitimate organization already has. The Web site, however, is bogus and set up only to steal the user’s information

Phishing, also referred to as brand spoofing or carding, is a variation on “fishing,” the idea being that bait is thrown out with the hopes that while most will ignore the bait, some will be tempted into biting.