CyberWire Daily cover image

CyberWire Daily

A not so BASIC farewell.

Nov 22, 2024
Meta is cracking down on pig-butchering scams as a major telecom hack raises national security alarms. Microsoft disrupts a phishing platform while a gambling provider faces a cyberattack. As Black Friday approaches, experts warn of scams targeting shoppers, detailing phishing tactics and counterfeit promotions. Discussions also highlight online security vulnerabilities that retailers face and offer tips for safe shopping. The legacy of BASIC programming is celebrated, emphasizing its role in making tech accessible and fostering creativity.
34:08

Podcast summary created with Snipd AI

Quick takeaways

  • Meta has taken significant actions against pig butchering scams by removing over 2 million fraudulent accounts, but criticisms linger regarding their effectiveness.
  • The Salt Typhoon hack reveals critical vulnerabilities in U.S. telecoms, prompting demands for stronger cybersecurity measures to protect sensitive communications.

Deep dives

Combatting Pig Butchering Scams

Pig butchering scams have become a global crisis, significantly impacting victims and drawing attention to tech companies' responsibilities. Organized crime networks use social media and dating platforms to groom victims, leading to financial losses of around $75 billion. Meta has taken steps to combat these scams by removing over 2 million accounts, but researchers criticize them for inadequate measures against these evolving threats. These scams now utilize advanced tools, including AI, to perpetuate fraud, highlighting a pressing need for tech companies to enhance their proactive strategies.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode