The provided YouTube transcript from IBM Technology's channel, "Phishing Defenses: Top Cybersecurity Strategies to Protect Your Data," identifies phishing as a major cause and costly type of data breach. The speaker explains phishing as a social engineering tactic that exploits human trust through gain and loss motivations to steal credentials or install malware. The video breaks down various phishing attack methods by delivery (email, SMS, voice, QR codes), context (impersonating banks, couriers, e-commerce), and type (spray and pray, spear phishing, whaling, cloning). It warns about the increasing sophistication of phishing due to AI and offers several defensive strategies, including user training, avoiding suspicious links, using multi-factor authentication and PassKeys, employing secure DNS and DMARC, increasing monitoring, and limiting user admin rights.