Phishing and Ransomware

Phishing is a general term for any attempt to collect personal, financial and sensitive information by posing as a trustworthy entity in an electronic communication. The information is then used to access the targeted individual’s accounts and can result in identity theft and financial loss. Bank accounts and credit cards are among the most popular targets for phishers, so it is important that financial organizations, their employees and their customers are knowledgeable about this threat. This elearning module will give you an overview of phishing, describe how it affects banks, and discuss prevention strategies.