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Monday, 21 May 2012
Lottery scams on the rise PDF Print E-mail

Lottery scam is becoming one of the fastest growing areas of cyber crime.  It is reported based on a survey conducted by Microsoft that more than 50 % of all spam involves lottery scams.  

 

Lottery scam is becoming one of the fastest growing areas of cyber crime.  It is reported based on a survey conducted by Microsoft that more than 50 % of all spam involves lottery scams.   Lottery scams lure people by the promise of large sums of money for the payment of a small upfront “processing” fee.  The victims end up losing this money.  It is difficult to prevent these scams as the criminals do not use any technical flaw in the software and uses social engineering to further their devious interests.   Lottery scams present a difficult challenge to law enforcement agencies worldwide as the criminals operate across territorial boundaries and are extremely difficult to track.   

The only way to prevent lottery scams is by educating internet users

 
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