Spam messages that flog stocks and shares can have real effects on the markets according to a study by the SSRN, with people responding to ‘pump and dump’ scams loosing 8% in 2 days.

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McAfee recently issued an online quiz along with a challenge to Web users: "Can you spot sites that cause spam?" The 8-question quiz presents consumers with pairs of Web sites and asks them to judge which of the two sites is likely to guard their e-mail address.

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