Internet has recovered now from dot-com hangover. According to various report and survey the retail sales have seen an approx 25% increase in past 5-6 years. The domain name registration has reached all time high of approx 64 million.
But all things are not positive there is something negative too. Internet Crime is also on the wheels of skating. It is speeding up with time.
Complaints about online fraud have nearly tripled itself from 2004 to 2010. Research Company Gartner reveals that online scams like phishing e-mails seeking, hacking is on its climax. Several Cyber crimes laws are made to restrict this type of miss happening but the success rate is still far behind.
Lets us give a look on common scamming that is popular in market:-
Auction: It shares ¾ of the online fraud complain. The site owner gives a vague description of any product and convinces you to buy the product. Generally the users don’t get the product, and if they get any product that is below par the price paid for it.
One of my friends just got a web address for $18 where she can buy camera for $200 discount. She was promised of a camera for $300. So whenever going for auction think from heart and mind and decide is it possible to sell $1000 product at $100. So, be aware and save yourself.
Phishing: A very risky scamming, the user receive an official mail from a legitimate bank. The mail ask him to provide some personal information, user very easily provide all detail. And the trouble starts here. The mail is actually fake and your information is sold to criminals who use it to earn from your credit cards. So, whenever you receive any such mail give a call to your bank, confirm it and then proceed.
Nigerian 419 letter: A very dangerous kind of scamming. According to reports, there is seen serious financial loss and sometime victims of Nigerian letter fraud have been killed or gone missing while chasing a 419 scheme.
The mail you receive read like this
“DEAR SIR/MADAM: I REPRESENT THE RECENTLY DEPOSED MINISTER OF AGRICULTURE FOR NODAMBIZIA, WHO HAS EMBEZZLED 30 MILLION DOLLARS FROM HIS STARVING COUNTRYMEN AND NOW NEEDS TO GET IT OUT OF THE COUNTRY…”
They ask for advance money and finally you end up losing the money.
Congratulations Mail: The mail you receive will congratulating you for winning expensive electronics good and will ask for shipping and handling charge.
You will be excited and end up paying the initial amount. But Alas! The product will never arrive. So while answering these emails give a deep thought and ask have I ever played a contest.
