CBC: From a hacker’s perspective, schools are an ideal target since students are “at the very beginning of their financial journey,” without major loans or debts, said Robert Falzon, Check Point Software’s head of engineering for Canada.
Given the multiple breaches across different sectors and services providers in recent years, he said information from this Canvas incident could be combined with data leaked elsewhere to build profiles for creating false identities.
“Those identities in turn can be used to look for loans or take out mortgages or … in various different types of financial crime,” Falzon said…