Read more: Cyber crime tactics evolve during COVID-19 pandemic
As the COVID-19 pandemic and holiday shopping season merge, millions of Americans are now at risk of added cyber threats, especially as technology has given people more opportunities to connect, socialize, conduct banking activities, and carry out daily business responsibilities. This trend has given way to new methods of obtaining personal data, which can lead to the loss of both assets and privacy.
With the latter risk, malicious actors can go on to sell personal information on the dark web many months or even years after they obtain that data in the first place, with the targeted individual unaware that their credentials are out in cyberspace, waiting for the highest bidder, according to Lisa Lindsay (pictured below), executive director of the Private Risk Management Association (PRMA).
“Cybercriminals are certainly becoming more sophisticated, in terms of being able to break into somebody’s email, understand how they write, and the nuances of their communication, and the way that they’re able to really pose as the high net worth individual is…
