How to handle Phising Attack

Consequences

As the phishers can use so many techniques and can even combine them, it is rather difficult to tell if an email request comes from officials or not.

What are the consequences of disclosing confidential information?
$ The phishers can run up charges on your account.
$ They can open new accounts, sign utility or loan contracts in your name.
$ They can use a false ID and commit crimes using your personal information.

Do not bite the bait!
Do not fill in email forms concerning confidential information. Any trustful service provider uses secure websites and digital certificates.
Do not click on links provided by email, especially if you were not expecting that email. Contact the sender to verify if it was his/her intention to send this email (use the contact number the company gave you, not the one in the email).
Do not reply. Delete the message and check with the real company (use the contact number the company gave you, not the one in the email).
Do not click to follow the link provided in such a message. Type the address in the browser yourself.

Safety Rules

Repairing the damage caused by phishing may be frustrating and time-consuming. Apart from the loss of productivity and use of network resources, data theft requires considerable efforts on your part: you will have to rescue your identity, property and rights and to clear your name.

It is much easier to follow some basic safety rules:
Update your operating system with the latest patches as soon as they appear.
Alternate Internet Explorer with other browsers.
Use antivirus and firewall solutions and keep them permanently up-to-date.
Always type the URL yourself instead of following a link.
Make sure you are using a secure website (HTTPS) and check the digital certificates.
Regularly check your accounts and statements and immediately report any abuse.
Report suspicious emails to security companies and authorities from your area.