Scott Bernard Nelson writes in the Boston Globe that a 19-year-old in Phoenixville, PA, put a Trojan horse on a Massachusetts investor’s computer. This program was used to learn the victim’s brokerage password and, from there, to remove $37,000 from the man’s account.
Dinh alegedly went through elaborate machinations to obscure his identity. But come on! Dinh transfered $37,000 to his own account. There are auditing procedures in place.
Overall, this just shows more of the problems of relying on passwords.
“If convicted, Dinh faces up to 30 years in prison and $1 million fine,” making it clear that the government believes that financial crimes are more serious than violent crimes.
It will soon be easy for self-driving cars to hide in plain sight. We shouldn’t let them.
If they ever hit our roads for real, other drivers need to know exactly what they are.
Maximize business value with data-driven strategies
Every organization is now collecting data, but few are truly data driven. Here are five ways data can transform your business.
Cryptocurrency fuels new business opportunities
As adoption of digital assets accelerates, companies are investing in innovative products and services.
Where to get abortion pills and how to use them
New US restrictions could turn abortion into do-it-yourself medicine, but there might be legal risks.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.