Frank Abagnale: Technology’s dark side – surge in con artists

Source: National Cyber Security – Produced By Gregory Evans

The man who made $2.5 million in the 1960s as a teenager faking identities as an airline pilot, lawyer and doctor now works with the FBI and others on cybercrime. He even had a role in the investigation into last year’s JPMorgan Chase & Co. hack, he said in an interview this week near Trafalgar Square in London. Abagnale became famous after the 2002 Steven Spielberg movie “Catch Me If You Can,” starring Leonardo DiCaprio, based on his autobiography. He’s spent the past four decades working with the FBI spotting fraud, and says the advances in technology and the over-sharing trends propagated by social media sites like Facebook have made it much easier to create false identities with a few personal details. When he did it, he had to assume an entirely new identity and life. “What I did 50 years ago as a teenage boy is 4,000 times easier to do today because of technology,” Abagnale said. “Technology breeds crime. It always has, and always will.” Abagnale said he was in London to speak with government officials about fighting fraud. He declined to detail what he did for the FBI on the hacking case, or whom he met with […]

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