Avoiding Cybercrime in Business Aircraft Transactions | Paperless Cockpit

Avoiding Cybercrime in Business Aircraft Transactions

Business aircraft buyers and sellers may be at risk of fraud and other cybercrimes during aircraft sales transactions, according to experts. FBI Special Agent Chad Knapp said that parties of an aircraft transaction may be vulnerable to cybercrime because these transactions are often international, typically involve large sums of money and frequently occur on short notice. "Brokers, and others involved in the transaction, are often small businesses with no established IT department," said Knapp. "In the day-to-day operations of these small to mid-sizes business, they are just not necessarily aware of the threats out there. Some malicious actors have discovered and targeted this type of business."

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