Phishing – fraudulent method by which a criminal impersonates another person or institution in order to fraudulently acquire certain information (e.g. login data, credit card details) or to persuading a victim to perform specific activities. This is a type of attack that is based on social engineering.
Pharming – more dangerous and more difficult to detect form of phishing. A characteristic aspect of Pharming is that even after entering a valid web address, the victim will be redirected to a fake web page (that may look the same as a valid one).