SHREVEPORT, La. (KTAL/KMSS) – A new scam is born every day, but cybersecurity experts are fighting back by arming bankers and those at risk with information about a fraud run by multinational cybercriminals called pig butchering.
The prevalence of pig butchering led to the creation of Operation Shamrock. This nonprofit provides education and training to disrupt these multinational, billion-dollar scams that target the elderly, burgeoning entrepreneurs, and newly minted millionaires, particularly those with large crypto coffers.
Cybersecurity expert Micki Boland said she learned about Operation Shamrock’s work at a professional conference where they explained the reach and scope of pig butchering.
Take a trip to ‘America’s Hometown,’ Plymouth, Ma.
What is pig butchering?
The bad guys range in scope and capability from really experienced cyber criminals to low-level scammers and vast international fraud networks, complete with a labor force that is often subject to trafficking and threats of violence if they refuse to partake in the scam…