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This Element is an excerpt from The Truth About Avoiding Scams (9780132333856) by Steve Weisman. Available in print and digital formats.
What you must know about Internet scams: from phishing and Trojan horses to fake death threats!
After installed on your computer, Trojan horses monitor all activity and transmit that information back to the scammer, who uses it to access your bank accounts, credit cards, brokerage accounts, or other online business. This information can even be used to establish credit in your name that the scammer will use without paying. To combat this threat…