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Extreme phishing: cybercrooks take scams to the next level

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Phishing emails are on the rise and Australia is a hot target. Worse, the attacks frequently hit their marks.

Of all the scams in a fraudster’s toolbox, phishing is the most common. Phishing is an attempt to obtain sensitive information, such as usernames, passwords, credit card details or even money, often by sending an email that looks as if it is from a legitimate company but with a link that takes the unsuspecting victim to a fake website that is disguised as a real one.

In particular, attacks via email are increasingly sophisticated, cunning and difficult to detect, which is why about one in four people click on them.

Recipients of these emails risk disclosing confidential information about themselves or their firms and falling victim to computer viruses, trojans, keyloggers and ransomware.

MailGuard CEO and founder and author of the book Surviving the Rise of Cybercrime, Craig McDonald, believes the incidence of successful attacks in Australia is higher than the...(continued)

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