According to Victor Domingo, president of the Internet Users Association, Spain is experiencing a rapid growth of in online fraud, with 50 per cent in the first four months of 2006. The country keeps third place in the world in the Internet fraud league though cybercrime may not be viewed as a pressing concern there. For example, a few 500 fake websites of banks and other financial institution employed in phishing attacks have been discovered over the past 18 months.



Overall, 206 huge phishing attacks on Spanish financial institutions were found out in 2005. The level of bot infections has also developed an amazing 175 per cent between 2004 and 2005. Besides 70 per cent of all malware found out in the first three months of 2006 was associated to cybercrime (spyware, bots, backdoors), almost two-thirds 60 per cent of all Wi-Fi networks went unprotected.



By virtue of online fraud, the average sum total has touched 6,383 euros, the affected financial institutions and the governments have tightened their belts to tackle or combat the issues with the launching of newest initiative to check online fraud or online crime by informing Internet users of the risks and how they can protect themselves. The government is specifically aimed at targeting those Internet users who remains online most of the time during the summer holidays.



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