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.

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Email sextortion scams are on the rise and they’re scary — here’s what to do if you get one

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Overall, extortion by email is growing significantly, according to the FBI’s Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported crimes, with total losses of $83 million.

“The majority of extortion complaints received in 2018 were part of a sextortion campaign in which victims received an email threatening to send a pornographic video of them or other compromising information to family, friends, coworkers or social network contacts if a ransom was not paid,” according to the FBI

“Shame can be a tremendous weapon that these criminals use,” one expert explains.

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How to Find Legitimate Work-From-Home Opportunities on the Internet

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There are legitimate work-at-home opportunities online.

Carol is the proud new mommy of a baby boy. She isn’t ready to return to her customer service job, but she needs the income.Dave is a project manager for an outsourcing company. His company is planning layoffs. He suspects he will soon be unemployed.

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Genetic Testing: Do We Really Want To Know Everything Our Genome Has To Say?

Genetic Testing: Do We Really Want To Know Everything Our Genome Has To Say? 

 

Once impenetrable, the individual genetic code is becoming an open book thanks to kits that scan for genes linked to scores of traits and diseases, from bladder cancer and baldness to male infertility and memory loss.

Continue reading… “Genetic Testing: Do We Really Want To Know Everything Our Genome Has To Say?”

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