Reference no: EM132418246

Problem: Phishing attacks use both social engineering and technical deceptions to steal personal identity data and financial account identification. Social engineering schemes use "spoofed" e-mails to lead consumers to fake websites designed to trick the addressee into revealing financial data, such as credit card numbers, account usernames, passwords, and social security numbers. Hijacking the names of banks, e-tailers, and credit card companies, phishers often convince naive recipients to respond. Technical deception schemes plant worms and viruses onto PCs to steal identification directly, often using Trojan keylogger spyware. Pharming crimeware diverts users to counterfeit sites or proxy servers, characteristically from DNS hijacking or poisoning. Consider legitimate and illegitimate uses of a person's confidential information. What are some of the uses that could make this information valuable to legitimate and illegitimate businesses? Please explain the complete solution of this problem.