List the major security problems on the Internet, and give a short description of each.

What will be an ideal response?

There are numerous problems exist and experts use different terminology to describe them.
According to textbook we can list the following problems:
? Phishing: Masquerading as a well-known site such as a bank to obtain a user’s personal
information, typically an account number and access code
? Misrepresentation: Making false or exaggerated claims about goods or services, or delivering
fake or inferior products
? Scams: Various forms of trickery intended to deceive naive users into investing money or
abetting a crime
? Denial of Service: Intentionally blocking a particular Internet site to prevent or hinder
business activities and commerce
? Loss of Control: An intruder gains control of a computer system and uses the system to
perpetrate a crime
? Loss of Data: Loss of intellectual property or other valuable proprietary business information