A home-owner received an email promoting a new financial services institution that offers surprisingly low mortgage rates.The email simply asked customers to provide their address,date of birth,Medicare number and current mortgage information in order to receive a free loan quote.Suspicious of the offer,he researched the company and discovered that the email was a fraud.This is an example of ________.

Question

Quizplus · Accepted Answer

This is an example of phishing, where scammers try to obtain personal information and financial details from unsuspecting victims by posing as a trustworthy entity, bank, or organization. The email was designed to trick the recipient into providing sensitive information by offering a seemingly attractive loan rate. It is important to be cautious when receiving unsolicited emails or messages that request personal data.

A Home-Owner Received an Email Promoting a New Financial Services