CFx Trade Markets
Common Risks
And Phishing Attempts
“Phishing” is an attempt by criminals to procure or intercept personal data from users by imitating a trustworthy entity, for example, with fake websites, e-mails, phone calls or SMS messages. The intention is to misuse this data to steal money from account holders.
The term “phishing” is based on the word “fishing” together with the P from password, since figuratively speaking, these criminals attempt to “bait” unsuspecting users into providing their passwords, account information, or other data that they would otherwise keep secure.
