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What are the threats on the Internet?
Internet-based threats are Malware programs which can be targeted when we use the Internet. These Web-based threats include a range of malicious software programs which are designed to infect victims' computers.
Major Threats on Internet
Some of the major threats on internet are as follows −
Spam
Generally we received a lot of Emails with' spam ' or Junk folder insinuates that spam emails are huge issues, with more than Half of the emails being siphoned into these folders. Being an annoyance, spam emails are not a direct threat but they contain malware.
Trojan
Trojan represents harmless computer programmes. So we don't detect them and that's why hackers can penetrate our Computer even without being detected. Trojans make our computer completely unprotected, which means hackers can steal any data from our system.
Phishing
A phishing attack is the most dangerous attack we have because only the URL of the website will be changed but the URL will be slightly modified. That's it the remaining website will be the same and if you do any transactions on that phishing website your Bank account will be hacked. So you have to be very careful and you have to check the URL.
Virus
Virus is one of the most talked about internet threats. It is often attached to files for downloads, Shared through CD's, DVD's, and USB sticks or downloaded when we open infected email attachments.
Worms
Worms will enter the computer through a malicious email attachment or USB stick. Once your computer has been infected by a worm, it will likely send itself to every email address logged in your system. To the receiver, the email that you send will appear harmless, until they open it and are infected by the same worm.
Pharming
Pharming is a more complex version of phishing which exploits the DNS system. It creates web pages mimicking that of a trustworthy business, like online banking log-in pages. Users will then enter their details, thinking they are logging in to their usual service, and their details will be stolen by the pharmer.
Internet Threats like pharming causing financial harm which includes institutional losses, Compensation fees etc.
Generally the financial losses refer to the damages to the wealth of an organisation. It includes organisational losses, compensation and legal fees.
Financial loss, the actual increased costs, or reduced income are caused by the threat. It will replace damaged equipment from the loss of sales due to our website being down from a malicious hack.
The Compensation and legal fees that come as a result of suffering a threat, as a business may be culpable, and so might need to both compensate customers that are affected by the threat and pay data protection fines placed on the business by the ICO due to the improper security of the data. There may be legal fees to defend oneself in court, should there be a case for legal culpability.
After being hacked, lots of Banks had to pay huge money as compensation to customers and have to face huge fine By ICO.
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