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ARTICLE · 02 SEPTEMBER 2010

Cyber-Fraud: Don’t Be the Next Victim

Let’s face it - we live in a digital world where electronic and online transactions are a part of our everyday lives.

United StatesMedia, Telecoms, IT, Entertainment
Robert Perrow
Robert Perrow

Let's face it - we live in a digital world where electronic and online transactions are a part of our everyday lives. Companies are under constant competitive pressure to provide faster and more convenient ways for their customers to conduct business electronically. Unfortunately, electronic and online transactions are still vulnerable to security breaches. Despite determined efforts by businesses, Internet service providers, software providers, law enforcement agencies, and individual consumers to make online transactions more secure, private individuals and public companies continue to be victimized by cyber-crimes.

Common cyber-crimes include cyber-extortion, cyber-fraud, and identity theft, with each carried out in a myriad of ways. A well-known tactic used to carry out all three of these cyber-crimes is spamming. Spam emails can be used to obtain unauthorized access to accounts and can deploy massive amounts of malware in the form of computer viruses, worms,

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