Big Scammers

Thursday, January 12, 2017

What Is Internet Fraud & How is Malware Used for Online Scams?


Many users need to know what is Internet fraud before they can quickly spot and safely steer clear from the multitude of illegal activities on the Web today. That's because there's an exponential growth in the number of Internet users around the world each year, but most of them aren't being informed about the threats that continue to pollute the Internet. For example, in the USA alone, 48% of all phishing scams and spam-related fraud globally were targeted at US-based businesses, organizations, American Web shoppers and regular Internet users. According to RSA FraudAction, there are an average of 120 phishing messages sent out to users and organizations worldwide per hour!

Online communities with user-generated content can help a lot of users learn what is Internet fraud and how to safely avoid the latest online scams and malicious technologies out there. BigScammers.Com is a website that's dedicated to helping users prepare and defend themselves against the newest Web crimes and Internet scams at the moment. They know that more new users are being targeted by criminal syndicates and solo fraudsters each year. They also know that there could be more victims in the next few years due to the rapidly increasing penetration of mobile devices in a lot of countries around the world.

Aside from the guides and resources that can allow you to learn what is Internet fraud today, BigScammers.Com also provides a convenient means for you to be notified about the latest tactics and schemes that are presently being used by criminal syndicates and solo scammers for committing cyber fraud. All you need to do is to sign up at this online community. You'll automatically receive instant email notifications and real time alerts each time a user posts a scam complaint or updates a previously published post in this website.

One of the main objectives of these fraud alerts and notifications is to promote widespread awareness about relevant things that can allow you to quickly spot and safely defend yourself against the most prevalent online scams and malicious technologies out there. To give you a good head start, here are some details on what is Internet fraud today:

What is Internet Fraud?

Fundamentally, Internet fraud is where a scammer intentionally defrauds any person, organization or entity in any country through Web technologies, online tactics and Internet-based schemes. It's also the act of intentionally tampering with any digital property or physical equipment for the purpose of making the compromised system or device to act abnormally, or for stealing user information and defrauding any person or entity.

This is the basic answer to the question of what is Internet fraud, but knowing how similar scams and tactics are done on the Internet today can be more helpful for avoiding being victimized by criminal syndicates and solo fraudsters. To start you out on the right foot, here's a primer on how malware is used today for committing Web crimes:

How is Malware Used for Committing Internet Fraud?

A few decades ago, malicious applications were primarily distributed all over the Internet to steal private user information, as well as to corrupt systems and take down computer networks of many users and organizations worldwide. That was then, but what is Internet fraud today in direct relation to malware distribution has significantly changed.

For the past few years, malware has been used to send phishing messages with links that lead to fake websites. This is a more sophisticated version of spam, and malicious programs are bundled with illegal content downloads from torrent sites to infect more devices. User behavior and email addresses among other contact details of users with compromised devices are tracked and stolen. This allows the other malicious technologies of criminal syndicates and scammers to automatically send out deceptive messages to those users, and many victims turn out to be non-tech savvy users with very minimal knowledge on what is Internet fraud today.

Recently, malware has been used to display pop-up messages and to freeze not just the default Web browser of the user, but also the system of the compromised device. This makes the pop-up harder to close. Fake urgency claims and scare rhetoric are integrated into these pop-ups. These are designed to either force users to pay just to have the malware automatically removed from their devices (ransomware), or to trick users into contacting and paying scammers who pose as legitimate tech support agents of household tech brands like Microsoft, Apple and so on (fake tech support).

What is Internet fraud in relation to malware distribution today is basically a combination of social manipulation tactics and automated digital schemes. Sign up at BigScammers.Com to learn other new malicious technologies, tactics and schemes that are currently being used today for luring more unsuspecting users to intricate cyber traps. Keep in mind to also check out the latest guides and resources in this online community, which can help you learn what is Internet fraud today.