Thursday, February 4, 2010

What hackers have recently stolen.

by Hermilia C. Banayat-Nas
(9th entry)

What do you think hackers stole yesterday? Online games bought with someone else's credit card? Free passes to a big time concert?

How about carbon credits?

Carbon what? Carbon credits are earned by companies that have factories or plants that emit greenhouses gases below the maximum prescribed by international trade limits. These carbon credits, in turn, are sold to and bought by companies which exceed the limit. Europe, New Zealand and Japan companies have joined the international market for the trade of these carbon credits.

It would seem that hackers launched a targeted phishing attack on employees of the participating companies. An email sent out the fraudulent message asking that the target companies resend their account information to a bogus website. The hackers were able to access the companies' credentials and then sold the carbon credits to a buyer for an undisclosed, but probably big, sum of money.

The ability of hackers to target personal properties which have only recently been invented (like credits) poses a greater threat to everyone. It seems that despite the exponential growth and development of different aspects of our life, swindlers/hackers are always there, ready to pounce. They were able to steal carbon credits today... what are they capable of depriving us tomorrow?

1 comment:

Owen Ricalde said...

i guess if it personal properties are recorded in data or can be accessed online, susceptible talaga sa hacking. it's just a matter of security protection.