Question

Using the Internet, research Internet scams. Identify and describe five of the most common Internet scams. What are some of the things that Internet users can do to identify and avoid Internet scams? What are the measures that businesses are taking, or are considering taking, to protect their customers from Internet scams such as phishing? Write a 1–2 page paper discussing your findings.

Answer 1

Five of the most common Internet scams -

1. Phishing - Phishing emails attempt to trick the meant victim into visiting a deceitful web site disguised to seem sort of a valid eCommerce or banking site. Victims assume they're work into their real account, however instead, everything they enter on the faux website is being sent to the scammers. Armed with this data, the beguiler will wipe out the victim's accounts, run up their credit cards, or maybe steal their identity.

2. Greeting Card Scams - Greeting card scams arrive in email dissembling to be from a follower or friend. Clicking the link to look at the cardboardgenerally ends up in a booby-trapped web content that downloads Trojans and different malicious package onto the systems of the unsuspecting.

3. Shopper-Needed Check Fraud Scam -  The shopper-needed scam sends the 'new hire' a check for many hundred bucks, instructing them to money the check and take their portion, then forward on the remaining funds to the "employer." after all, the check is counterfeit , it'll bounce eventually, and you — the victim — are going to be to blame for the funds you spent from the check, and any service fees or fines that result.

4. Lottery Winning Scams - Lottery winner scams commit to trick recipients into basic cognitive process they need won giant sums of money, so bilks them out of their own dough in an exceedingly similar fashion to the Nigerian 419 scam.

5. Reshipping and Payment Processing Fraud -

   The ad ought  to read: facilitate wished to illicitly launder cash on behalf of criminals. however it doesn't. Instead, it couches the crime in soft terms like 'payment processing' and 'reshipping transactions.' Don't be fooled — victims not solely notice themselves engaged in criminality, however they're going to even be on the legal hook for the complete quantity transferred and any fees that result.

   Steps to followed to protect against phishing -

   Deploy a SPAM filter that detects viruses, blank senders, etc.
   Keep all systems current with the most recent security patches and updates.
   Install AN antivirus answer, schedule signature updates, and monitor the antivirus standing on all instrumentation.
   Develop a security policy that has however isn't restricted to watchword expiration and complexness.
   Deploy an online filter to dam malicious websites.
   Encrypt all sensitive company data.

   pls do give a like , thank you