Interesting new hacking fraud
June 12, 2008 at 8:47 am Leave a comment
This one is in South Africa, and involves cyberfraud and the government. I’ve actually been arguing for a while that the old dumb terminal/mainframe scheme makes sense in a lot of situations. It would allow for mass filters. Mind you, it would also allow extensive data-mining techniques…but that’s more a matter of visibility than actuality. And more people would be in on it.
Anyway, what they did–“they” being a varied group of people, including those inside the government–was stick ‘a piece of kit’ (that’s a Britishism I remember as generic) about the size of a memory stick on PCs and then capture data. Spyware and adware are mentioned, so there would presumably be some actual software invasion involved rather than the capture of data from a port.
Oh–the take mentioned, in USD, is nearly $25 million.
–Glenn
Entry filed under: current news. Tags: scam, scheme, south african.
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