The hackable technology that worries even a legendary con man | Frank W. Abagnale

Give yourself the gift of knowledge — subscribe to Big Think Edge: http://bit.ly/bigthinkedge Before we release new technology into the ether, we need to make safeguards so that bad actors can't misuse them. - Right now cybercrime is basically a financial crime — it's a business of stealing people's money or stealing their data. Data has value. - We develop a lot of technology — we need to always ask the question how the new innovation can be misused and make safeguards so that it cannot be done. - Because we currently don't do these things, we have hackable vehicles, pacemakers, and laptops. Frank W. Abagnale is one of the world's most respected authorities on the subjects of forgery, embezzlement and secure documents. Mr. Abagnale has been associated with the FBI for over four decades. He lectures extensively at the FBI Academy and for the field offices of the Federal Bureau of Investigation. He is a faculty member at the National Advocacy Center (NAC) which is operated by the Department of Justice, Executive Office for United States Attorneys. More than 14,000 financial institutions, corporations and law enforcement agencies use his fraud prevention programs. His latest book is Scam Me If You Can: Simple Strategies to Outsmart Today's Rip-off Artists (https://amzn.to/2lYowGn) If you're interested in licensing this or any other Big Think clip for commercial or private use, contact our licensing partner Executive Interviews: https://ift.tt/2IQF1gR Follow Big Think here: YouTube: http://goo.gl/CPTsV5 Facebook: https://ift.tt/1qJMX5g Twitter: https://twitter.com/bigthink