Phishing is a very common scam where fraudsters impersonate a financial institution, or a trusted company, in an attempt to gain access to your personal information.
Here's an example. You receive an email that looks like it’s from your local bank. It contains a phone number that appears to be local and it has your bank’s correct logo. It says:
“Dear Valued Customer, your account has been compromised and we need to verify your information or we will be forced to close your account”.
There’s a link that takes you to a site where you’re asked to enter your social security number, bank account number, and online banking credentials.
These scams can be very convincing, but a legitimate company will not ask for your personal information through an email or a text. Delete any email or text message that asks you to provide personal information.
You can forward suspected phishing scams to the Federal Trade Commission at email@example.com .