Has the internet become a failed state?
by John Naughton from on (#233KQ)
The internet was once a land of promise, with few fears about crime or privacy. Thirty years on, scammers, thieves and spies have created a place of chaos
Here are some stories about the world we now inhabit"
" In February this year, Bangladesh Bank was hit by the biggest bank robbery in history when thieves got away with $101m. The heist was accomplished not by tunnels or explosives, but by acquiring the access codes for the Swift global messaging system, which is what banks use to securely pass payment orders to one another. The criminals used Swift to instruct the US Federal Reserve to transfer money to their accounts. Then they cunningly erased their digital fingerprints by modifying the bank's software.
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