No free lunch

Posted by Solver 8 years, 7 months ago to Culture
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Many people thought they were getting a “free lunch” by downloading and using some unbelievably fantastic mobile apps on their jail broken mobile devices. These apps promised them a utopia of free apps that normally cost others real money.

The scam basically involves promising everyone free things (mobile apps), that are not actually free, to people who use the scammer's service. And for a time it works. Individuals who think they got something for nothing tell their friends who also want things they don't have to pay for. After a short time, ignorant mobs start using the scammer's service.

Except, once you use the scammer's service, your private information is known and stored by the scammers. Now when someone else wants and gets one of these so-call free things, you or someone else pays for it. The scammers use the private account information they obtained from one of their previous victims to give someone else free things, thereby creating another free lunch mouthpiece to pull in even more victims. Later, the extortion demands occur.

Does all this sound a bit familiar?
SOURCE URL: http://researchcenter.paloaltonetworks.com/2015/08/keyraider-ios-malware-steals-over-225000-apple-accounts-to-create-free-app-utopia/


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