These Are Internet's 10 Most Successful Scams
BANGALORE: A large amount of scams happen online very often, since the world has been more and more technologically-driven—where almost everything we need and do is getting computerized. Though this makes our lives easier, it also opens portals to a greedy net of scammers. Unfortunately, most of the people who get into it end up losing large sums of money, while some loses credential information worth more than millions. Let’s take a look at some of the biggest online scams of all time, as compiled by The Richest.
#1.Russian Criminal Organization Steals Personal Information
In August of 2014, an unknown Russian crime ring has pulled off the largest-known theft of confidential Internet information including 1.2 billion username and password combinations and more than 500 million email addresses. The cyber gang injected malicious code to steal databases from at least 420,000 websites. The hackers did not just target U.S. companies, but any website they could get, ranging from Fortune 500 companies to very small firms.
So far, the criminals have not sold many of the records online. Instead, they appear to be using the stolen information to send spam on social networks like Twitter at the order of other groups, collecting fees for their work.
#2.The Sumitomo Mitsui Bank Robbery
In 2004, a group of criminal hackers vigorously tried to break into Japanese bank, Sumitomo Mitsui’s computer system at their London offices. Their plan was allegedly to steal about $423 million and electronically transfer the money to ten accounts around the world. The criminals used a form of spyware known as keyloggers which is used by hackers to steal passwords, accounts numbers, and other secret information from an individual’s personal or business computer.
The main reason the plan failed is because of the unfamiliarity with the Swift system, which was used to move money to external accounts that caused them to enter incorrect data in an important field.
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