Identity Theft News

Worst day to online shop is?today

Monday, December 1, 2008

Thanks to a weakening economy and the public's new-found desire to save money this holiday season, cyber criminals are in full force with malicious content aimed at consumers.

Today is Cyber Monday, the biggest online shopping day of the year, which means more people will be online using their credit cards.

Robert Williams, CEO of a customer-service software company for online merchants, told USA Today online consumers are expected to spend $821 million today, an increase of 12 percent from the same day in 2007.

In preparation for this, cyber criminals have created sophisticated phishing scams and malicious programs, USA Today reports. Some have even injected the security-breaching code into online advertisements to entice easily-distracted consumers.

It's being predicted phishing attacks will increase this year, due to the weak economy. Aside from consumers, small businesses and credit unions are also being targeted because of the organizations' lack of strong antivirus software and firewalls.

SMBs should be particularly on guard. It appears spammers have found a new home, despite the shutdown of hosting company McColo last month, eweek.com reports.

In 2006, it was found that the smaller a company was, the more likely it would be vulnerable to email threats.ADNFCR-1765-ID-18905580-ADNFCR

Related News:

Password security a tall order for many web users - 1.22.2010
A recently released study from tech researcher Imperva showed that the most popular password among users whose accounts were compromised in the recent RockYou data breach was as follows: 123456.

Facebook fixes "wrong friends list" mobile network security glitch - 1.22.2010
CNET reports that social media network Facebook has repaired a problem in the mobile version of its service that caused some mobile users to have full access to the friends lists of unassociated users.

Automated phishing scam hits bank customers - 1.14.2010
Phishing attacks do not target victims exclusively via email, experts say, pointing to a recent rash of automated phone calls that attempted to convince victims to give up sensitive banking information.

Scammers ride aftershocks of Haiti catastrophe - 1.14.2010
The Federal Bureau of Investigation has issued a warning to those who want to contribute to earthquake relief efforts in Haiti, saying that cyber criminals and other types of scam artists are trying to take advantage of an outpouring of humanitarian support.

Banking Trojans finding new vector with fake Outlook alerts - 1.11.2010
A spurious alert purporting to come from Microsoft Outlook has cropped up in recent weeks, according to a maker of email filtering software.

View Related Resources
Or
Watch an Online Demo
Or
Have us call you now