Ep. 251 - Security Awareness Series - Butchering The Pig Butchers with Josh Bown Rachel Jones
Mar 18, 2024
auto_awesome
Discussing Pig Butchering scams with DHS experts, exploring global impact and scam prevention methods. Highlighting the importance of reporting and caution on various platforms. Uncovering connections between scams and human trafficking, emphasizing the need for awareness and prevention. Delving into cryptocurrency investigations and job opportunities within the Secret Service.
Financial fraud schemes like 'pig butchering' use social engineering for cryptocurrency scams globally.
Importance of timely reporting to prevent severe financial losses and recover assets from scams.
Preventive measures include skepticism towards unfamiliar requests and verifying social media profiles for authenticity.
Deep dives
Introduction and Background of the Podcast
In this episode of the podcast, Chris Hanagisio, the founder of the Social Engineer, NSF Lies Foundation, and the Institute for Social Engineering, introduces the Security Awareness series. He highlights the training opportunities available on the website and invites listeners to join their Slack channel to engage in discussions about social engineering and related topics. There is also a mention of the Innocent Lives Foundation and its mission to combat child exploitation.
Discussion on the Role of Secret Service Agents
The podcast features a conversation with Secret Service Agents, Josh Brown and Rachel Jones, who share their backgrounds and experiences in combating financial fraud schemes. Both agents delve into the concept of 'pig butchering,' explaining how it involves luring victims into fraudulent cryptocurrency investments through social engineering tactics.
Impact and Global Reach of Financial Fraud Schemes
Josh and Rachel discuss the global impact of financial fraud schemes, emphasizing the devastating consequences faced by victims who lose significant amounts of money, leading to severe financial hardships and, in extreme cases, suicide. The podcast highlights the increasing prevalence of such scams, attributing it to the allure of quick financial gains within the cryptocurrency market.
Preventive Measures and Reporting Procedures
The episode concludes with insights into preventive measures individuals can take to avoid falling victim to financial fraud schemes, such as being cautious with unfamiliar communication requests and scrutinizing social media profiles for authenticity. Moreover, Josh and Rachel outline the importance of timely reporting through platforms like ic3.gov and local law enforcement agencies to enhance the chances of recovering lost assets.
Books Recommendations and Recruitment Information
As the podcast wraps up, Josh recommends 'The Total Money Makeover' by Dave Ramsey, while Rachel suggests 'Tracers in the Dark' by Andy Greenberg as insightful reads. Additionally, the episode provides guidance on pursuing a career in the Secret Service, directing interested individuals to official websites for job announcements and recruitment details.
Today on the Social-Engineer Podcast: The Security Awareness Series, Chris will be talking with Josh Brown and Rachel Jones, both from the Department of Homeland Security. They join us to discuss what Pig Butchering scams are and how we can protect ourselves. [March 18, 2024]