Good morning! Unemployment creates a profitable business for Brazilian hackers. Bolsonaro’s push and pull with Congress. Petrobras equipment sinks in Santa Catarina. Embraer plane certified by EU, U.S. regulators. (This newsletter is for platinum subscribers only. Become one now!)
Unemployment creates a profitable business for Brazilian hackers
A study by Russian cybersecurity
company Kaspersky Lab shows that Brazil is the country with most phishing scams in the world. And most of the scams in the country use false job offers from big companies to bait users into clicking malicious links. A phishing attack is when a hacker poses as a legitimate institution and lures victims into willfully giving sensitive information—such as personal data, passwords, etc.
According to the latest unemployment data, one-quarter of Brazil’s workforce is either unemployed or underemployed—and 5.2m people have been actively looking for a position for more than a year. And many people go their job hunt (the country is LinkedIn’s third-largest market, with over 25m users), making them easy targets for hackers—21% of Brazilian internet users have been victims of phishing attacks.
While many users have grown suspicious of emails from unknown senders, data shows...