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CYBER THREATS · FINANCIAL SECURITY GLOSSARY

Phishing

Deceptive communication intended to persuade a target to reveal information, approve an action or execute malicious content.

QUICK DEFINITION

Phishing — Deceptive communication intended to persuade a target to reveal information, approve an action or execute malicious content.

WHY IT MATTERS

Why Phishing matters in finance

It remains a common path to credential theft and initial access.

FINANCIAL SYSTEM CONTEXT

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.

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