IBTimes UK technology editor David Gilbert looks at how easy it is for cyber-criminals to clone our credit cards and steal our money online. When in crowded







Hacking your money: Cloning credit cards, stealing bitcoin and spoofing Verified by Visa [I4fxwA3IgzP]

Hacking your money: Cloning credit cards, stealing bitcoin and spoofing Verified by Visa [I4fxwA3IgzP]

| 1h 28m 28s | Video has closed captioning.

IBTimes UK technology editor David Gilbert looks at how easy it is for cyber-criminals to clone our credit cards and steal our money online. When in crowded places we are regularly warned to watch our wallets. But increasingly, the real threat to our money is not from pickpockets but from cyber criminals. In this week's Tech Talk, IBTimes UK technology editor David Gilbert speaks to James Lyne from security company Sophos, who explains just how easy it is for cyber-criminals to clone our credit cards, steal our money online and even empty our bitcoin wallets. "A lot of people would think with a modern credit card like this with chip and pin and the latest security features, it would be very difficult," says Lyne. "But unfortunately, retailers are the weakest link and a lot of countries where we do transactions don't support these more modern technologies". "Online transactions in fact represent a bigger opportunity for the cyber criminals, because they can achieve scale. There's actually some terribly bad user habits that have been drilled into them that can get them into a lot of trouble," he adds. #vontobel bitcoin zertifikat #bitcoin prognose april 2025 #robinhood bitcoin #21shares crypto basket index etp erfahrungen

Aired: December 17, 2024

Rating: TV-14

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