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Phishing is a type of social engineering attack.
Social engineering is the practice of manipulating others in a variety of ways with the goal of getting someone else to give something of monetary value.
passwords and personal information allow attackers to gain access to areas in which they can siphon money to themselves.
those being preyed upon can end up purchasing gift cards or sending money via PayPal, Zelle, or Venmo.
Phishing is a method for how social engineers seek to gain information about others.
Phishers will often use email, text, or phone calls to gain information.
One type of Phisher will imitate well known organizations/corporations trying to get unsuspecting victims to click on a link that sends them to a facsimile of the true website. Be aware of what websites and links are being used.
Spearphishing is a method for how social engineers target specific people.
Social engineers practicing spearphishing will research information about a person that is openly available online.
This information will then be used to craft a specific text, email, or phone conversation meant to be more believable and thus have a higher chance of getting the target to do what they want.