Whaling is a form of sophisticated phishing whose objective is to collect sensitive data about a target. What’s different from phishing is that whaling goes after high-profile, famous, and wealthy targets, such as celebrities, CEOs, top-level management, and other powerful or rich individuals. By using the phished information, fraudsters and cybercriminals can trick victims into revealing even more confidential or personal data or they can be extorted and suffer from financial fraud.