Learn How to Rob a Bank in the 21st Century with These Tips
Michael Hemsworth — December 3, 2012 — Business
References: banking-protection & visual.ly
Stealing isn't necessarily something everyone does, but curiosity can strike and that's where the 'How to Rob a Bank in the 21st Century' infographic comes in to help answer your questions.
The banking world has changed immensely over the past several decades, which is why the ability to steal from others has become much harder. Through online transactions and computer records, banks have been able to make banking more efficient, but also, some believe, more vulnerable. According to the FBI, $70 million was reported stolen through fraudulent transactions during 2010, so how is it getting stolen?
Thieves are using a number of different ways to hack into computer systems including trojan viruses to get vital banking info and use it for personal gain. While it might be difficult, protecting yourself online is usually a case of using your common sense.
The banking world has changed immensely over the past several decades, which is why the ability to steal from others has become much harder. Through online transactions and computer records, banks have been able to make banking more efficient, but also, some believe, more vulnerable. According to the FBI, $70 million was reported stolen through fraudulent transactions during 2010, so how is it getting stolen?
Thieves are using a number of different ways to hack into computer systems including trojan viruses to get vital banking info and use it for personal gain. While it might be difficult, protecting yourself online is usually a case of using your common sense.
Trend Themes
1. Increased Cybersecurity - The rise of online theft and hacking has created an opportunity for companies to develop innovative cybersecurity solutions to protect against fraudulent transactions and hacking attempts.
2. Data Encryption - With the increasing vulnerability of personal banking information, there is a growing need for advanced data encryption technologies to ensure secure and private online transactions.
3. AI-driven Fraud Detection - Artificial intelligence technology can be leveraged to detect patterns and anomalies in banking transactions, helping banks and financial institutions identify and prevent fraudulent activities.
Industry Implications
1. Cybersecurity - The cybersecurity industry is poised for disruption as the demand for advanced protection against online theft and hacking continues to grow.
2. Data Security - The data security industry has an opportunity to innovate and provide advanced encryption solutions to protect personal and financial information from unauthorized access.
3. Financial Technology - The fintech industry can capitalize on the need for AI-driven fraud detection systems to provide banks and financial institutions with robust cybersecurity solutions.
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