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Social Media Provides Fertile Hunting Ground For Phishing Scammers

By Ken Presti CRN
10:00 AM ET Mon. Nov. 05, 2012
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The Business Impact

According to the survey, phishing of all types (not just social media) cost organizations an estimated $2.1 billion in losses during the last 18 months. Phishing opens the door to a wide range of exploits aimed at gathering company information, and is sometimes combined with privilege escalation attacks that are aimed at driving those impacts still further.

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