Cyber world is a dangerous place. Governments, and private industries become more and more aware of this danger in every single day. What about the citizen Joe and citizen Anna? Are they aware of the cyber threats? Do they know how cyber threats can take all of their hard earned money they put into banking accounts? Or somebody who is thousands of miles away from them can impersonate them and make their friends to send money to that person? There are great variety of frauds in cyber world. Most of them are around for more than ten years. Most of them use similar techniques with old traditional fraudsters use in the physical world.
There are number of sites that has very good information about prevention of frauds. One of them is this site. Just watch the videos on the site and you will get idea of how those frauds can waste people time and make their life miserable. Just watch the video below. We will cover frauds in detail later.