Mexico Struggling with Widespread Cyber Theft of Personal Data

12/7/16 InSight Crime

download-5The cyber theft of personal and business data in Mexico is reportedly increasing, illustrating the limited power that government institutions possess to counter the rapidly evolving and sizable cyber crime industry in the country.

Mexico has become a haven for the black market of stolen personal data of all kinds, reported Crónica. And the potential profits are considerable.

The former commissioner of the Mexican autonomous constitutional organism tasked with the protection of personal data (Instituto Nacional de Transparencia, Acceso a la Información y Protección de Datos Personales), Sigrid Arzt, said that “a medical file can be worth up to $10,000, because the information enables transactions to receive insurance, pension, impersonate someone and receive medical care.”

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