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Cyber Criminals Turn To Trickery

Cyber Criminals Turn To Trickery

Tuesday, Jun, 19, 2018 04:04PM

Crime committed virtually has become a growing concern for many officials across the world. Scammers have the ability to attack financial institutions, government entities or personal accounts from around the globe, which has cost American consumers an estimated $20.7 billion in the past year. Individuals with a tech-savvy mind and motivation to help nab criminals around the globe should consider earning a cyber crime degree or online cyber crime degree.

The Federal Trade Commission had put an end to a handful of India-based tech-support scammers who told individuals they were removing viruses and malware from personal computers. This scam involved telemarketers who contacted people in the United States and other English-speaking countries and informed them of viruses on their computers. The tech support scammers then offered costly solutions to fixing the issues.

Foreign Secretary William Hague recently held a conference in Budapest where he voiced his concerns about cyber crime, noting that it is one of the world’s most dangerous challenges today. For many professional scammers, hacking into businesses and governments has never been easier, and the lucrative business is easy as many have all of their personal information online and in their smartphones.

However, it is challenging for the judicial system to keep up with constantly changing technologies in order to crack down on criminals and strengthen the internet infrastructure.

"The law always lags behind changes in technology," Norm Pattis, criminal defense lawyer at The Pattis Law Firm, told TechNewsWorld. "The Internet and our inveterate gullibility yields vast new possibilities for those intent on committing fraud. Unfortunately, that also means that prosecutors will have a lot more power to charge folks with crimes."

These scams have been going on for years, nearly as long as consumer devices have been around. Recently, a U.S judge charged several defendants $163 million after the FTC noted they were tricking individuals into thinking their computers were infected with malware. 

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