Financial Crime, Security and the Internet of Fins
I was struck by the rather fishy story that criminals had obtained information by hacking a casino’s fish tank. You can read the full story at https://www.washingtonpost.com/, but rumours that this was part of a crime wave from the notoriously elusive “cod father”, codenamed Nemo, have been denied. Also exact details of what information was taken is not clear, but it does appear that the perpetrators managed to escape before the cyber security net was closed. Maybe a simple awareness of plaice increases vulnerability when the financial crime chips are down.
Beyond the obvious puns, there is a serious message that the growth of Internet of Things devices without adequate security offers growing opportunities for innovative financial criminals. It is also an obvious hook to a more serious blog I wrote on this topic for Finextra
which also outlines some of the potential countermeasures.