Phishing: the new burglary in 2021?

Joost Peeters

Partner, STUDIO | LEGALE

34,000,000 euros.1 That is the total amount that phishers were able to steal in the year 2020. What is phishing and how do these cybercriminals operate? Will I get my money back if I am scammed and how do I recognize fake emails? An overview.

Phishing?

Phishing is a form of cybercrime in which the potential victim is approached via e-mail, text message, social media or telephone. The scammer pretends to be someone else in an attempt to gain access to the confidential data of victims. It is similar to Internet fraud except that the perpetrator does not manipulate data, but people. It is a form of psychology to gain the victim’s trust. Phishers work very ingeniously and skilfully respond to current events. Messages from a bank, a technology company or a postal service that says a parcel is waiting for you, the chance that you have received one of these messages is very high.

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