When fraud and scams begin to regulate their game over innocents then positively it can be awful to most horrible where we could only see the economic losses in the name of cyber crime, Internet fraud, phishing, Identity theft and what not.
Things could be wretched when offense seeks the door of academic directly target any university or student. Every year we see new crime ratios zoom up with new figures.
In most recent bring up to date pertaining to cyber frauds a investigate conducted by Cyveillance, Inc, a cyber-intelligence firm reveals educational institutions are the worst victims of phishing attack with that of Social Networking Media that else with starting of 2010.
Robbery of individual identity by fraud means which includes usernames, passwords and credit card details by camouflaged as a dependable entity in an electronic communication thus phishing remains critical global problem termed by Security Company.
Moreover according to cyveillance account several industries and corporate are the latest targets of attacks. With banks are always favorites of online fraudsters, on another note university, educations firms and social media are most in demand and wanted by these cyber crooks.
It simply means phishing goes hand in hand with that of latest trends of technology with great human interference in nature thus sparking scams every day.
Universities are specifically targeted for credentials including name and password information. Phishers use these details to create botnets applications that allow unauthorized access to or control over a user’s computer. Once penetrated, the system helps facilitate malicious activity such as spamming or denial of service attacks.
Whereas United Sates still remains the favorites destination of malware designers as we see many of the bad programs having their strong origin while Countries such as China, Canada and the United Kingdom are less key to provide online threats.