Phishing is a method through which identity thieves can steal your personal information by sending you an email that appears to be from a legitimate business. Often, these emails appear to be from financial institutions such as online payment systems (e-gold, PayPal, etc.) or banks that offer online services and claim that there is a problem with your account the requires your immediate attention. Once you click on the provided link, you're asked to provide your personal information by logging into their website in order to clear up the problem with your account.
