Phishing Tab To Reach $500 Million

A new study weighs in with estimates as to how much online fraud, or phishing, is costing consumers.
Seventy-six percent of consumers are experiencing an increase in spoofing and phishing incidents, researchers found, and 35 percent said they receive fake e-mails at least once a week.

The total bill thus far? US$500 million.

from NewsFactor Network