Hacking involves modifying systems outside their intended purpose. Computer hacking is most common today, along with phone and brain hacking. Phishing tries to acquire sensitive information like passwords by masquerading as trustworthy entities. It uses bait like hacking to catch victims, and poses an ongoing risk especially on social media. Both hacking and phishing have a long history involving notable exploits and hackers. While hacking can have advantages like security testing, they both carry risks like privacy harm and illegal activities. Common prevention methods include software updates, firewalls, strong unique passwords, and avoiding unsolicited emails/links.