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Online expert highlights how to deal with phishing

A white paper detailing the financial advantages of speedy detection and take down of phishing attacks and the repercussions of failing to do so has just been unveiled by an online security expert.

Dubbed The Cost of Phishing: Understanding the True Cost Dynamics Behind Phishing Attacks, the white paper has been made available by Cyveillance, the world leader in cyber intelligence.

Phishing attacks come in different forms and use a combination of platforms including combinations of spoofed junk email or spam, malware and fake web pages, which harvest personal data from consumers.

Phishing experts from the organisation highlight in the paper how to deal with Phishing, which is a steadily growing problem with seemingly no end in sight.

In December 2007, a study by Gartner revealed that phishing attacks accounted for more than $3 billion in annual costs to organisations and they represent a big amount of online fraud.

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