How do phishing campaigns exploit subscription renewal scams?

Phishing campaigns misuse subscription renewal scams by sending fraudulent emails that appear to be from legitimate subscription services, such as a streaming platform or software provider. These emails typically alert the users that their subscription is up for renewal and prompt them to click on a link or provide payment information to continue the service. The link often directs users to a fake website that mimics the legitimate service’s site, where users unwittingly enter their sensitive payment details that are then captured by the scammers. This tactic preys on the trust users have in the services they subscribe to, making it more likely for them to fall for the scam.