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Showing posts with the label bank crime

How Do Cyber Criminals Steal Your Money?

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Today is the world where people worry less about getting mugged on street and more on the internet. With the cyber security scams popping out daily, it clearly indicates the route modern thieves have taken. Not at a gun point or knife, your money is now being stolen with utter subtlety, where you don’t even recognize the theft until it is done. The security of even big commercial banks like J.P. Morgan and numerous financial institutions has been breached and millions of business and individual accounts have been compromised. It seems no armor can provide protection from these Cyber Attacks. What are Cyber Attacks? Am I vulnerable to Cyber Attacks? Cyber Attacks are the offensive gimmicks whose goal is to extract the personal or classified information from the targeted computer systems or networks. This information is later used to either steal or alter the specified data. On a larger scale, the attacks have the potential to become a threat to national security. These ...