You Have Received an Email Purporting to Be from Wells

question 1

Short Answer

You have received an email purporting to be from Wells Fargo Bank (your bank), but that is actually from an individual in Europe. The email displays Wells Fargo's trademarks and advises you that your account has been compromised and asks you to provide your account information so that the matter can be resolved. This practice is called ______.​

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Definitions:

Trade Deficit

A situation in which a country's imports exceed its exports during a given time period.

Economic Performance

An assessment of an economy's health and efficiency, measured by indicators such as GDP, unemployment rates, and inflation.

Recessions

Phases of brief economic downturns marked by diminished trade and industrial operations, typically characterized by a decrease in Gross Domestic Product (GDP) for two consecutive quarters.

Stock Market Crashed

A sudden and significant decline in the stock market's value, leading to widespread financial loss and often triggering economic uncertainty.