In this world where digital information is transmitted and stored through the internet, it is becoming increasingly easy for cyber-criminals to find ways to break in and steal sensitive information.
The case
The British authorities have arrested eight people for stealing money from well-known American athletes, influencers, and musicians. The total amount involved could be more than $100 million. The fraudsters had stolen the celebrities’ SIM cards to use the SMS messages to make online banking transactions.
Did you know?
Celebrities are being targeted by cybercriminals because they have a lot of money. Cybercriminals create fake email addresses that look like celebrities and try to get people to click on links for giveaways and other scams. These hackers use something called “social engineering,” which means they deceive people into revealing private information, such as passwords or credit card numbers, by pretending to be someone else.
Conclusion
This is just one example of the many ways that someone can lose money to fraud. Fortunately, there are easy steps you can take to avoid being a victim.