Phishing uses deceptive messages to steal credentials or deliver malware, while user verification, MFA, and email filtering reduce the risk.
Search across headline titles and summaries.
Background for this topic.
Phishing is deceptive communication—by email, text, phone, or a fake website—that impersonates a trusted person or service to make someone disclose credentials, approve a transaction, reveal sensitive information, or run harmful software. Attackers use it to bypass technical controls by persuading a legitimate user to perform an action, and may target employees, customers, administrators, or suppliers.
Its impact can include account takeover, unauthorized payments, exposure of personal or business data, and access to internal systems. The most effective control for stolen-password phishing is phishing-resistant multi-factor authentication, such as hardware-backed passkeys or security keys, which binds authentication to the legitimate site. Organizations should also filter and authenticate messaging where possible, use password managers, restrict risky actions, train users to verify unusual requests through a separate channel, and provide rapid reporting so suspected credentials or sessions can be revoked.
Researchers Estimate Losses Ranging From Hundreds of Millions to BillionsA Chinese-language phishing-as-a-service platform scammed between $470 million to $1 billion from soccer fans ahead of the 2026 FIFA World Cup starting next month. Domain-by-domain takedowns will not stop this, Group-IB warned.
Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.
Health-ISAC Warns About Weak Governance and Credential MisuseHumans make mistakes. They fall for phishing scams and click on malicious links. Machines aren't necessarily better: Delegating decisions to agentic artificial tools can significantly intensify cybersecurity risks, warns a healthcare association.