The act of fraudulently attempting to acquire sensitive information, such as usernames, passwords, and credit card details, by disguising as American Express in electronic communications targeting individuals during 2024. This often takes the form of unsolicited emails containing links to fake websites that mimic legitimate American Express portals.
Such scams pose a significant risk to individuals and financial institutions. Successful execution of these attacks can lead to identity theft, financial loss, and reputational damage. The threat has evolved over time, becoming increasingly sophisticated and difficult to detect, necessitating heightened awareness and vigilance.