One in 20 'fall for online fraud...

[IGBT]

Text

AOL said many UK banks are currently compensating losses incurred as the result of phishing but this might change in future.

"As well as using spam filters and being wary of unsolicited emails, we would advise internet users to check their bank balance regularly and read their bank's terms and conditions," said Will Smith, AOL's safety and security expert.

 

[PingSpike]

This is sad that we're going to start losing this protection, largely thanks to a bunch of AOLers. Maybe the better solution is simply for banks to ban AOL users from using their services.

 

[MrBond]

This isn't likely to change either. Even with widespread education.

Everyone knows what spam is and how it works - yet like one in eight people respond to it and buy something.

Actually, the more people I meet, the easier it is to believe that one in eight is a complete retard.

 

[IGBT]

..I guess it'a like junk mail. All they need is some minimal response to make money.

 

[PingSpike]

1 in 8? Is it really that high? I know people are stupid, but I figured that stuff had a return of like 1 in 500. It only being worthwhile because its basically free to send.

 

[MrBond]

1 in 8? Is it really that high? I know people are stupid, but I figured that stuff had a return of like 1 in 500. It only being worthwhile because its basically free to send.

Pretty sure that's what I read the other day - I think it was a ZDNet article.