The Story behind the Nigerian Phishing Scam

It is generally accepted that the 419 scams originated in Nigeria. These scams first started off as emails that would pose as distant family members with millions of dollars to hide from the authorities. The scammers would demand “an advanced fee” before starting the transaction.  One of the main reasons people fall into this scam is because of greed and the desires to make money. “Lonely people are more vulnerable to cyber-scams, and they seek to fill the emotional void in their lives with relationships established in cyberspace. The more naïve, the less educated and less exposed a person is to different people, a variety of life experiences, the more susceptible he or she becomes to scams of any form.”

These types of scams are continuing to evolve as technologies become more developed which include Social-networking sites and mobile-phone technology.

http://www.pcworld.com/article/192664/the_story_behind_the_nigerian_phishing_scam.html

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