The New Art Fraud: Galleries, Dealers are Next Global Hacking Targets

October 12, 2018

Publication: Bloomberg Law

A team of Kobre & Kim attorneys - including Randall Arthuer, Lara Levinson, Jason A. Masimore, Jef Klazen and Steven G. Kobre - shed light on one of the new targets of global hackers - the art world. "The art world is an attractive target because of its fast-paced, high-value transactions with minimal documentation," the team writes. In order to maximize the odds of recovery, they provide three keys to success - acting quickly; using the right legal tools to go on the offensive; and leveraging both law enforcement interest as well as the right recovery schemes.

Read the article here.