QUICK DEFINITION
Spear Phishing — Highly targeted phishing tailored to a specific person, role or organization.
WHY IT MATTERS
Why Spear Phishing matters in finance
Targeting finance staff or privileged users can increase the value of a successful compromise.
FINANCIAL SYSTEM CONTEXT
← Back to the Financial Security GlossarySecurity is also a market-infrastructure question
In financial services, spear 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.