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Phishing Risk

Definition

Phishing risk is the potential for individuals to fall victim to deceptive attempts to acquire sensitive information. This cybersecurity threat involves attackers masquerading as trustworthy entities in electronic communications to trick users into revealing credentials, private keys, or other confidential data. In the context of digital assets, phishing schemes often target cryptocurrency wallet access, exchange accounts, or personal identifying details. The risk arises from the ease with which attackers can mimic legitimate websites or communications, exploiting human psychology rather than technical vulnerabilities.