Phishing, a prevalent cyber hack, seeks to deceive individuals into divulging sensitive information like credit card details and passwords.

The rise of phishing-as-a-service (PhaaS) has made executing sophisticated phishing attacks accessible to non-technical criminals, posing a significant threat to individuals and businesses alike.

PhaaS offers pre-packaged toolkits, customisable templates, and hosting infrastructure, facilitating the launch of extensive and targeted phishing campaigns.

These attacks not only jeopardise financial security but also undermine trust in the cryptocurrency community.

Defences against PhaaS include user awareness training, multilayered technical defences, implementation of security policies, and utilising email authentication methods like DMARC.

Keeping abreast of evolving cyber threats and employing proactive defense strategies is essential in safeguarding against the perils of PhaaS.