What is "phishing," and why is it a common form of online fraud?

Phishing is a type of online scam where attackers impersonate legitimate organizations to trick individuals into revealing sensitive information, such as passwords, credit card numbers, or personal details. Phishing typically occurs through deceptive emails, messages, or websites that mimic real ones, making it easy to fall for the scam. It’s common because it preys on human trust and can be conducted on a large scale with minimal effort. Phishing remains a significant threat due to its effectiveness in exploiting vulnerabilities in digital communication, requiring users to be vigilant and skeptical of unsolicited requests for information.