First you had Phat, then you had Phishing and now Spear Phishing.

Spear Phishing is an email fraud attempt that uses information in a targeted way to trick you into giving them money or trade secrets.

It is important that you know how much about yourself is on the web. This type of fraud usually happens when someone claims to know you through some social event, when they have really only read about it on your Facebook page or other social site.

This type of phishing can also happen when a person emails the victim claiming to be from their own company and wanting log in details.  They can only do this by learning about specific details of your company and who you may answer to.  So if you think that this information is readily found on the internet, be careful who you give out information to.  It could be a phishing scam.

For the definitions of all things web, go to Webopedia.