The earliest cyber attack in Mongolia was reported in 1995, when a transportation company programmer sold vital information about his company to a rival company when he left his job. In 2000 an Internet service company lost all of its customers’ passwords to an unknown hacker and in 2004 an online conversation between students and presidential candidate N. Enkhbayar was disrupted when the server crashed due to a cyber attack. Since 2000, the main targets for hackers are the Mongolian Government, banks, and educational facilities. Today, cybercrime has grown ever so advanced and dangerous; and online fraud is taking its toll on the population.
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