Tech Support Scammers Stole $85,000 From Him. His Bank Refused a Refund. - The New York Times

kept by eddie dec 13, 25

A retired lawyer lost $85,000 in a tech support scam, and Citibank refused a refund, illustrating the growing problem of such fraud.

Why the ATM didn’t kill bank teller jobs, but the iPhone did
The ATM initially complemented bank tellers, increasing their numbers through Jevons effect, but the iPhone's mobile banking later replaced the branch paradigm, causing teller employment to collapse.
also on Citibank
120,000 Home Cameras Were Hacked for Sexual Videos, South Korean Police Say - The New York Times
South Korean police arrested four people for hacking 120,000 home cameras to obtain sexual videos, continuing efforts to stop exploitative recordings.
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