What impact does phishing have?

Answer 1

Phishing affect your privacy online from denial of access to email to substantial financial loss. This style of identify theft is becoming more popular, because of the readiness with which unsuspecting people often divulge personal information to phishers, including credit card number, social security numbers, and mothers' maiden names. The theft stole your privacy thing from your internet. There are also fears that identity thieves can add such information to the knowledge they gain simply by accessing public records. Once this information is acquired, the phishers may use a person's details to create fake accounts in a victim's name. They can then ruin the victims' credit, or even deny the victims access to their own accounts.

Answer 2

It is mainly the violation of privacy!

The impact of phishing is far more insidious than just an invasion of privacy. Phishing is used to compromise computer security through social engineering. It can be used to steal information, disrupt computer operations, steal money, ruin reputations, destroy important information or feed the ego of an attacker. The most destructive uses are probably to facilitate the theft of information from companies and governments and the theft of money from individuals and corporations.

Answer 3

You can ruin someone's life and you may get punished.