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The Age of Cyber Theft for Profit

The act of stealing has always been considered as a form of personal violation, especially when an individuals home or personal space is invaded to obtain their possessions. The various modes of theft have diversified over time however, so that it is now far more likely that citizens will become vulnerable to online predators and the machinations of cyber thieves. The remote and anonymous nature of cyber theft makes it extremely difficult prevent, while also providing a degree of security for those who perpetrate it.

We live in the age of the cyber thief, whose aim is to seek both illicit and significant profit through the collection of personal data and financial information. This can be sourced from discarded household bills, poorly protected personal computers or even through the information contained on company specific databases. These can be stolen and traded between relevant parties, and the information can included can lead to the theft of your wealth and financial assets.

Recent Events and the Rise of Cyber Theft

Just last week the new broke that the personal information of over 77 million Playstation users has been exposed, after a computer intrusion compromised and accessed Sony’s relevant customer database. Although the identity or purpose of the thief has not yet been revealed, the most likely answer is that the database was infiltrated by a cyber thief who wished to use the information for financial gain, whether by using the personal information for themselves or illegally selling it on to interested parities.

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