Phishing is a form of Internet fraud that aims to persuade recipients to disclose valuable information such as credit card numbers, social security numbers, user IDs and passwords by tricking. It is a new form of identity theft.
Social network have become a part of daily life and according to estimates Facebook has over 150 million users.
With online communities are growing largely, hackers and criminals use a variety of techniques to launch social networking scams.
More than 20,000 pieces of malware attacked social networks in 2008 alone, according to online-security firm Kaspersky Lab estimates.
Most complaints to authorities regarding online auction fraud is that the products that never arrive, arrive with damage or not worth as promised. Online auction fraud typically involves items like laptop computers or HD TV’s, but not exclusively.
Apart from investigating the seller’s entire (eBay) store, Asking the seller as many questions as possible is another crucial element to safeguarding your money against Online Auction Scams.