The world has taken up a new boosting pump after the policy of L.P.G. (Liberalization, Privatizations and Globalizations) has been accepted and adopted by the people. With this the economic status of many developing countries especially like India, has grown a lot. But every thing turned around in the year 2009, as this year it was not at all good for any of the business empire or firm. Whether it’s big or small but every business venture had been affected by it.

Every body has a different perception behind the reason of this recession period. Some feels that it is due to the Lehman Brothers, some feel World Bank has screwed everything, for some it’s Economic Policies and for some it’s something else. But in this scenario it was not only the business companies who were affected. In fact the top tech IT companies was also affected by this and that too very badly. There were many big technology scandals in year of 2009 which had affected the economies also.

On the top of the biggest 15 biggest technology scandals of 2009, firstly we have India’s biggest corporate scam: SATYAM. According to the report filed by CBI, the senior officials of satyam have done a fraud of Rs 14000 Crores. Following to it, it’s also in news that the World Bank had banned Wipro. World Bank has put the Wipro’s name in the list of those banks whom world has barred to receive bank contracts. The reason behind this is that it’s providing “improper benefits to bank’s staff”. There is another fraud of $5 mn for H-1B visa fraud.

The other Top IT companies like Microsoft, IBM, etc even can not save themselves for this scandals list. One of the top mailing websites like MSN and HOTMAIL also get affected by these scandals. It was in the news that this website had leaked the passwords of thousand of users. Their password was exposed on the websites and lately it has caused a threat of money and privacy to users.  The Big names like Google, Microsoft, and FaceBook are also affected by these scandals. Even the Google and Black Berry can not be spared from these scandals.

It’s high time that we need to think over this. All the top names in the IT world can be seen under the heading of scandals. This not only spoils the name of the companies but also looses the trust and bonding between the company and its ultimate clients and audiences.