What is 'Phishing' and 'Pharming'?
Phishing (pronounced as 'fishing') uses both social engineering and technical subterfuge to steal consumers' financial account credentials. Pharming (pronounced as 'farming') is to misdirect users to fraudulent websites or proxy servers, typically through DNS hijacking or poisoning.
Social-engineering schemes use bogus e-mails to lead consumers to counterfeit websites designed to trick recipients into divulging financial data such as usernames, passwords or personal detail. Hijacking the brand names of insurance companies, phishers often convince the recipients to respond.
Technical subterfuge schemes plant a software onto PCs to steal credentials directly, often using Trojan keylogger or Spyware.
How to avoid 'Phishing' and 'Pharming'?
Note : No staff of Tokio Marine Life Insurance Singapore should ever ask you for your password for whatever reasons.