Word: cyberfraud
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Dates: during 2000-2009
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...central Java), have turned to the practice for fun and profit. At least 20% of Internet credit-card transactions in Indonesia are fraudulent, according to a recent study by the online-security company ClearCommerce, based in Austin, Texas, which has identified Indonesia as one of the worst countries for cyberfraud...
Visa customers started receiving e-mails last December saying that because of security threats, they needed to update their personal information. But the e-mail was the threat: it was an example of a growing cyberfraud called "phishing." Fraudsters pose as companies and government agencies by setting up credible-sounding e-mail addresses and look-alike websites to get consumers to hand over passwords and other information. Be suspicious of requests to provide information a second time and queries from anyone you haven't spoken to before. Call the company to confirm that the e-mail is legit...
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