There are two ways to rob a bank: run in guns blazing—or go in through the backdoor. We've spent so much time & effort to secure the "old money" (physical vulnerabilities) at banks—security deposit boxes, cash. And it's no longer interesting. What hasn't been properly secured is the "new money," the virtual vulnerabilities—custodial data, identities, reputation. Gain client data, find it's relatively easy to exploit, then spend your money without you knowing it.
What is money? Is it cash? Power? We know money is two things: a medium for exchange & has historic value.
Just how will you obtain this new money? Find an Eastern European mob family on the dark web & they'll pretty much take care of the rest? It's easily more scalable than counting on the science of counterfeiting needed to steal old money.
While identity is not a simply replicable value of custodial data, it's not well secured. Why? It's not well understood—highly valuable, highly exploitable. Identity is the new money.
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