By leveraging the social connections in a network like Facebook or MySpace, phishers could send messages to a site's users that seem to be sent by a friend, and suggest visiting a page infected with bank code stealing software.

FORBES: Future Phishing

He had very little money on him, so he squatted with a friend in a dinky apartment, spending many sleepless nights perfecting his software.

FORBES: Meet Kenya's Bill Gates - Kamal Budhabatti