Facebook, MySpace and LinkedIn are being blamed for a boom in sophisticated email scams in which criminals mining the information on social networking sites to create personalised attacks.These so-called spear phishing emails appear to come from a trusted source and aim to persuade the victim to hand over valuable data such as banking details or passwords to corp- orate networks.
http://www.theage.com.au/articles/2008/10/07/1223145356188.html
http://www.smh.com.au/articles/2008/10/07/1223145356188.html