Online crime nowadays comes in various shapes, and identity theft is already a major concern for many consumers worldwide. While users are being thoroughly educated regarding their online behaviour, researchers admit that online identity theft is on the rise.
That’s right folks… fraud is the latest offering in the service industry. Cybercriminals are selling ‘ready made’ kits, renting out botnets and malicious code such as the Zeus Trojan, Spy Eye and others.
Be honest, do you 100% know each and every one of your Facebook friends? Could any of them be online friends? Friends you haven’t met in the physical world? If that’s the case, they could well be social bots! Social bots (short for robots) not only masquerade as real people online, but they post like real people do, secretly promoting products or viewpoints, all while slowly stealing your private information. Botnets are the latest in social media dangers.
"Con games," "Scam," "Stratagem (deception)," and “Confidence trick” are all terms used to express the attempt to defraud a person after first gaining their confidence. Fraud, in all its forms, has been a very difficult issue to deal with for all countries over the years. And since the internet has become a sort of a big, free and easy to access social network in itself, cybercrooks can easily leverage its perks in order to distribute malicious software and all kinds of scams.