In today's increasingly technology-driven world, the Internet plays a large role in spreading information. There are however things that people need to be aware of when using the Internet, such as cybercriminals, who misuse the Internet to carry out their criminal phishing attacks. They set out to deceive users into revealing their sensitive information unknowingly which can result in substantial financial loss.
Phishing attacks are one of the most serious problems that users face on the Internet and has been growing at an alarming rate. According to a reportpublished by EMC Corporation, the total number of phishing attacks launched in 2012 was 59% higher than in 2011.The global financial loss from phishing attacks is estimated to be around $1.5 billion in 2012, representing a 22% increase from 2011.