Local Talent: London-based Artists at Frieze 2023 frieze.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frieze.com Daily Mail and Mail on Sunday newspapers.
Foiled! How Advanced Technology Is Stopping Art Thieves, Looters, and Fraudsters From Hatching Their Schemes artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.
As an industry that still finalizes multimillion-dollar deals over email, the art trade has special vulnerabilities. May 25, 2021 An employee of EnBW, an EDF subsidiary in Berlin, works at her computer monitor. (JOHANNES EISELE/AFP via Getty Images) Forget art thieves. The art trade has a new foe: cybercriminals. Almost 60 percent of galleries surveyed in the 2020 Hiscox Online Art Trade Report were either “concerned” or “very concerned” about cybercrime—a big leap from the previous year. This rising anxiety makes sense: the pandemic, the craze for NFTs, and a collector base newly rich in cryptocurrency have all served to shift transactions into the virtual sphere.