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Experts warn of uptick in cybercrime during Olympics

Posted On: Jul. 25, 2016 12:00 AM CST

Security experts have warned of an increase in cybercrimes during Rio 2016 Olympics in Brazil.

"Cybercriminals who worked the London Olympics versus those who'll be working the Rio Games are like a horse-and-buggy versus a Ferrari," said Caleb Barlow, an IBM Security official. The Organization of American States said that cybercrimes already rank as Brazil's top economic crime and cost its citizens over $8 billion in 2014.

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