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With the opening ceremony only four days away, online fraudsters are using the hype of the Beijing Olympics to trick consumers out of thousands of dollars. Emails that appear sent by an anti-child pornography nonprofit group - but in fact are being delivered by spammers - are trying to use scare tactics to get unsuspecting recipients to download a trojan, a security firm warned today. The opening ceremony for the much anticipated Beijing Olympic Games is only hours away and security experts have sent out an eleventh hour warning to internet users – ‘think twice before you click.’ A New York court has sentenced a persistent spammer to 30 months in prison. Cyber-crooks are using new technologies and reinventing forms of social engineering to ensnare consumers and businesses, security experts warn. Thirty-eight people, including a host of U.S. residents and foreign nationals, have been charged in connection to two international phishing operations that preyed on unsuspecting bank customers, investigators announced Monday. South Australian Police are warning local residents of a surge in Nigerian scam emails targeting South Australian residents.

A list of the five most spammed people in Britain, found one person received 44,000 unwanted emails a day. McAfee has released the results of its Spammed Persistently All Month campaign.. A unique breach of bank information has hit one of the world's largest banks. Scammers have turned to social networking site LinkedIn in a bid to bypass corporate spam filters, a security firm warned today.. The recent natural disasters in China and Myanmar have led to scams to steal money intended for donations. Social networks such as LinkedIn are being exploited by online fraudsters, experts warned today.. Victims of phishing scams in the United States lost US$3.2 billion during a 12-month period ending in August, and the number of people on the receiving end of phishing emails has more than doubled over the past three years, according to a report from Gartner. Customers of Salesforce.com are facing a barrage of phishing emails containing viruses and keyloggers after the company suffered the leak of a customer contact list. Fraudsters are targeting online car buyers with fake car sale advertisements on online classifieds and auction sites warns SCAMwatch the Australian Competition & Consumer Commission (ACCC) scam alert service. Phishers are using a new bait to lure in victims - other phishing attacks. Researchers at McAfee said they have detected the largest outbreak of malware in three years, an infection impacting hundreds of thousands of users whose machines contain poisoned media files. Security experts at Trend Micro have warned of a Google AdWords phishing attack designed to steal sensitive information.
A new targeted phishing attack is attempting to dupe users into downloading malware by sending bogus court subpoenas..