5 Steps to Protect Against Spam and Phishing Scams

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Spam mails can easily reach thousands of suspicious consumers. An estimated 5% of recipients disclose personal financial information and spam fraud is beneficial 23. In November 2004, the Anti-Phishing Working Group (APWG) reported on average more than 1,500 new phishing attacks. The monthly growth rate is 28%. Phishing website from July to November APWG also constitutes a general e-commerce site, not a brand name web site, carries out loan fraud, mortgage fraud, online drug fraud, other bank fraud, new We identified a form of fraud-based web site. The United States has the largest number of phishing sites, but Korea, China, Russia, the United Kingdom, Mexico and Taiwan are also identified as hosts. Federal law enforcement agencies collaborate with foreign counterparts to cancel problem Web sites.

Famous online banking fraud is phishing. In phishing scams, criminals send spam to victims with the aim of tracking that confidential information has been entered into fake Web sites such as user names and passwords 4. Phishing has become a big problem not only for banks but also for online retailers. Even providers of consumer web applications such as Facebook and Yahoo. Nonetheless, most bank security measures fail when individuals do not become victims of phishing scams, and when sending authentication information to cheaters.