Hackers look for open doors. If your personal data isn't protected, it's that much easier to compromise your identity.
- Legendary con-man-turned-FBI-consultant Frank W. Abagnale breaks down the 2017 Equifax data breach.
- Hackers were able to access the personal data of millions of Americans through faulty software — and they might wait years before using the stolen social security numbers and dates of birth.
- Abagnale blames Equifax for this oversight. If a company is entrusted with an individual's personal data they need to do a better job of protecting it. "Hackers don't cause breaches, people do," he says.
Before we release new technology into the ether, we need to make safeguards so that bad actors can't misuse them.
- Right now cybercrime is basically a financial crime — it's a business of stealing people's money or stealing their data. Data has value.
- We develop a lot of technology — we need to always ask the question how the new innovation can be misused and make safeguards so that it cannot be done.
- Because we currently don't do these things, we have hackable vehicles, pacemakers, and laptops.
Frank W. Abagnale says scammers don't discriminate — here's what you can do to protect yourself.
- In today's world, anyone can be targeted by scams -- even famous con man Frank W. Abagnale. For this reason he shares his top advice for protecting yourself against fraud.
- When receiving a suspicious call, be aware of the two major red flags of immediacy and info-sharing. Is the person asking for money, and they need it right now? Does the person want sensitive personal information like a social security number or date of birth? If the answer to either of those questions is yes, it's probably a scam.
- Scammers obtain much of their info from a victim's social media accounts. Caution is key for prevention, and education is the most powerful tool in outsmarting this type of crime.