Lottery scams new flavour of the month

Tuesday, 11 May 2004, 11:38 AM EST

Lottery scam emails are increasing at an alarming rate, according to Fraudwatch International, the Australian website that protects consumers from identify theft. Last month FraudWatch International received over 1000 variations, double the number of phishing email scams.

Consumers are paying big dollars to have their bogus winnings released to them. "If it wasn’t working, the number of emails wouldn’t be increasing," FraudWatch managing director Trent Youl said. "Victims are contacting us every day asking for assistance to recover their lost money. The bottom line is, once the fraudsters have it, recovery is unlikely."

By Jan Libbenga at The Register.

[ Read more ]

Related items




Spotlight

Internet of Things: Bracing for the data flood

Whether we think we should be connecting the IoT and our existing systems together or not, the basic imperative to extract business intelligence from the raw information will demand that the connection takes place.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Tue, Jul 28th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //