What Are the Consequences of Falling for Phishing Scams?
Falling for phishing scams can have severe repercussions, including:
Financial Loss: Victims may lose money directly from their bank accounts or through fraudulent transactions. Identity Theft: Stolen personal information can be used to create fake identities or access other accounts. Reputational Damage: Businesses may suffer reputational harm if their customers' data is compromised. Legal Consequences: Organizations may face legal action for failing to protect customer data.