February 6, 2020
I chose this topic because it relates to something that I learned in my business legal class last week…identity theft. Since we live in the age of the Internet it is not that hard for someone to find out bits of information on a targeted individual. However, it takes a special form of dedication to steal the personal information of 146 people.
The article overviews the arrests of three people in Adelaide, Sydney. They managed to steal $11 million dollars by hacking into businesses and modifying payrolls, credit card details and superannuation. According to one of the suspects, they would take information from passports and go from there. The police go to warn their citizens that this information is valuable on the black market so if you store any personal information on your computer systems, make sure it is throughly protected.
What I learned from this article is that it is very important, especially in the climate today, to make sure you have strong cybersecurity measures in place. Though this can happen to anyone, if you protect yourself the odds of it being you diminish.