Nearly 4 Billion Phishing Emails Flood the Internet
According to CPP, a U.K. provider of life assistance products and services, digital crooks sent out some 3.7 billion phishing emails during the past 12 months. A little over half of these -- 55 percent -- are fake bank emails designed to lure potential victims into coughing up their credit card numbers and login passwords.
"It seems that not a day goes by without a new case of online fraud hitting the headlines. But what's concerning is that consumers are still falling victim," said Nicole Sanders, an identity fraud expert at CPP. "Fraudsters are becoming ever more skilled in their techniques and tactics. It can be extremely difficult to spot a legitimate email from a scam, so we advise caution at all times when online."
Lottery hoaxes and Nigerian 419 scams remain ever popular, but social networking scams might be the next big thing. Everything from phony Facebook messages to fake Twitter accounts are being used to dupe users, CPP said.
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