THE NEW ART FRAUD – GALLERIES, DEALERS ARE NEXT HACKING TARGETS

On 5th November, Kobre & Kim published an article reporting that criminals hack into a gallery or dealer’s email account in order to impersonate them, then intercept legitimate correspondence with clients ready to finalise a deal to send fraudulent invoices with wire payment instructions – in scams similar to those against “ordinary” businesses and even public sector organisations.

https://www.jdsupra.com/legalnews/insight-the-new-art-fraud-galleries-96291/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s