December 1st, 2007
Phishing is becoming the electronic crime of choice.
Phishing is so prevalent because it is such a low-cost and low-effort activity. First appearing more than ten years ago, phishing has grown to become the international electronic crime of choice for both amateurs and professionals alike. Phishing is a one of the fastest-growing cybercrimes and costs consumers millions of people every day. This is a rapidly growing class of identity theft scams on the internet and users need to be made more aware of what it can do. Phishing is so prevalent on the internet and users need to be careful of this scam.