As the internet has grown, criminal entities have become adept at using online platforms to find and target vulnerable populations.
Once unsophisticated crimes have become cutting-edge.
Today, transnational cybercriminal organizations use new technology to scale and professionalize their operations—a trend best exemplified by a new type of digitally enabled investment scam known crudely as “pig butchering.”
With global financial losses due to pig butchering estimated at up to $75 billion dollars, it is clear that fraud and cybercrime present existential threats to individuals’ financial health, as well as to our broader digital ecosystem. As these crimes have been enabled by advances in technology, It is critical for online platforms to pursue novel and innovative approaches to securing our digital communities.
Watch this webinar on-demand to:
- Define pig butchering and discuss its impact on financial stability, human rights, and national security.
- Hear from subject matter experts from the public and private sectors about the deceptive cyber techniques used by criminal organizations to perpetrate fraud.
- Discuss cutting-edge anti-fraud technology and share how data is being leveraged to go after industrial-scale pig butchering schemes.
- Learn from industry leaders on how they have implemented these modern technical solutions.
- Understand the future of industrial-scale scams like Pig Butchering, and how fraudsters may continue to adapt their evasion tactics.
Download our whitepaper for more information on Pig Butchering scams:
Speakers
Jake Hulina
Moderator
Government Relations Associate, GeoComply
Nick Imperillo
Speaker
Senior Manager, Fraud and Risk, GeoComply
Bozhidar Dobrev
Speaker
Financial Crime Compliance Manager, Nexo
Mike Centrella
Speaker
Assistant Director, U.S. Secret Service