African Americans are more highly impacted by fraud campaigns compared to other racial and ethnic groups, as disparities in financial literacy and wealth act as barriers to recovery from any resulting financial loss.
These were only some of the insights of a research report released Tuesday by the Black Empowerment and Support Team at Recorded Future ([email protected]) in tandem with the Inskit Group, the vendor’s research arm. The research aims to raise awareness and visibility of how cyber attackers are targeting the black community, as well as offer practical recommendations to help African Americans combat the threats they face as a result of systemic racism.
“These findings around cyber threats and race are further evidence of that division and disproportionality,” said Julian Waits, general manager of cybersecurity at Devo Technology. “Our last election showed all the imperfections we have as Americans, and the dark side of the cyber world is here to exploit our divisions. Blacks, as with other underserved communities, are particularly vulnerable. Adversarial nation states will exploit and manipulate our differences, and those of us most vulnerable will suffer the most."
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