Cybercrime booms as scammers hack human nature to steal billions

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Cyberscams are getting more sophisticated.

The secret to comedy, according to the old joke, is timing. The same is true of cybercrime.

Mark learned this the hard way in 2017. He runs a real estate company in Seattle and asked us not to include his last name because of the possible repercussions for his business.

“The idea that someone was effectively able to dupe you … is embarrassing,” he says. “We’re still kind of scratching our head over how it happened.”

It started when someone hacked into his email conversation with a business partner. But the hackers didn’t take over the email accounts. Instead, they lurked, monitoring the conversation and waiting for an opportunity.

Continue reading… “Cybercrime booms as scammers hack human nature to steal billions”

The cybercrime of things coming soon

Once everything in your house contains a computer, everything in your house can be hacked.

Security researchers have found that one of the problems with having a “smart” home is that some day, it might be smart enough to attack you. Everything we own, from our refrigerators and egg cartons to our cars and thermostats, will some day be outfitted with internet-connected sensors and control systems, allowing all our possessions, and ultimately all of our civic infrastructure, to communicate with each other and be controlled remotely.

 

 

Continue reading… “The cybercrime of things coming soon”

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