You don't need a fast car to rob a bank any more, just malware
Wednesday, July 30, 2014 - 07:30
in Physics & Chemistry
The number of physical robberies on banks has fallen dramatically in recent years, but the amount of money banks are losing through electronic methods has rocketed. In 2013 for example, the annual fraud indicator estimated the annual cost of fraud in the UK was £52bn what it was five years before. So it's easy to put up CCTV cameras, bulletproof glass and alarm bells, but in an electronic world there are infinite ways to commit fraud.