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	<title>Actualités du cybercrime, de la criminalité informatique &#187; Monetary loss</title>
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		<title>Damage caused by phishing</title>
		<link>http://www.alain-stevens.com/cyber-crime/2007/08/16/damage-caused-by-phishing/</link>
		<comments>http://www.alain-stevens.com/cyber-crime/2007/08/16/damage-caused-by-phishing/#comments</comments>
		<pubDate>Thu, 16 Aug 2007 21:03:34 +0000</pubDate>
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				<category><![CDATA[Monetary loss]]></category>

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The damage caused by phishing ranges from loss of access to email to substantial financial loss. This style of identity theft is becoming more popular, because of the ease with which unsuspecting people often divulge personal information to phishers, including credit card numbers, social security numbers, and mothers&#8217; maiden names. There are also fears that [...]]]></description>
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		<title>Monetary loss estimates</title>
		<link>http://www.alain-stevens.com/cyber-crime/2007/08/16/monetary-loss-estimates/</link>
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		<pubDate>Thu, 16 Aug 2007 20:51:23 +0000</pubDate>
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				<category><![CDATA[Monetary loss]]></category>

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Estimates of the total losses due to the scam vary widely. The Snopes website lists the following estimate:

&#171;&#160;The Nigerian scam is hugely successful. According to a 1997 newspaper article: &#8216;We have confirmed losses just in the United States of over $100 million in the last 15 months,&#8217; said Special Agent James Caldwell, of the Secret [...]]]></description>
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