2 min read
Definition
Phishing messages imitate a genuine sender and create urgency — 'verify now or your account is suspended' — to make you click a fake link or hand over details. Variants include smishing (by text) and vishing (by phone).
Why it matters for your business
Business borrowers are targeted because a compromised finance account is valuable. Learning the tell-tale signs — wrong sender, urgency, mismatched links — defeats almost all of them. See spotting phishing.
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