Fraud’s New Frontier

With very little money and no experience necessary, anyone in Brazil can be a cyber criminal. As Brazil has rapidly transformed into one of the world’s largest economic markets and most connected countries online, it has also become the new frontier for domestic cyber criminals who’ve comfortably amassed billions in stolen finances from the nation’s technologically naïve population. Brazil currently has an internet penetration rate of over 50%, meaning that half the population has access. The country also has 280 million mobile phones (nearly one and a half for every citizen) and is the world’s second largest Facebook user network (just behind the US). But users are poorly versed in online safety, with weak passwords and absent firewalls leaving them exposed to system infiltration. <a href="https://medium.com/the-megacities-issue/fraud-s-new-frontier-2bd9e29744b7">Website</a>