Phishing — Deceptive communication intended to persuade a target to reveal information, approve an action or execute malicious content.
Why Phishing matters in finance
It remains a common path to credential theft and initial access.
Security is also a market-infrastructure question
In financial services, phishing should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.