Phishing & Pharming
Phishing occurs when a person provides personal information (social security number, account numbers, etc.) in response to a fraudulent email, phone call or text message asking for information, often a ruse to correct a "problem" with your account. Once the scammers have your information, they have the tools to commit fraud using your name.
Pharming occurs when you enter a Web address but are redirected, without your consent or knowledge, to a fraudulent site that looks similar to a legitimate site. The intent of the fraudulent site is to capture confidential information.