In many cases, the objective of phishing is to just recover your webmail credentials since the resale value of a legitimate web mail account on the black market can be as high as $2-$3—twice the amount one can get for a stolen credit card number.
In what is further proof of the principal of horror vacui, it seems that the legitimate banking mortgage industry has now given way to a new breed of entrepreneurial ventures. These con-corporations have smelled the blood in the water and are aggressively following Mr. Bigweld’s motto: “See a need, Fill a need”.
But alas, every garden has its resident snake, and such is the A grade serpent found in social network’s Garden of Eden. What many of us don’t realize is that the same characteristics that make the social networks so attractive are also their greatest limitation.