White House Publishes Trump’s New Strategy Against Cybercrimes
Key Takeaways:Federal Agencies Directed to Interrupt International Scam BusinessCryptocurrency Increasingly Used in Online Fraud SchemesGlobal Scam Centers Run by Organized Criminal Groups
Such networks do have a tendency to target vulnerable groups like seniors and individuals who are not that experienced with internet usage. Traps associated with social engineering such as convincing victims to hand over money by the use of false investment opportunities and impersonation tricks are widely used.
The new government action plan seeks to point out these entities and break up their financial systems including digital payment networks through which illegal crypto transactions are carried out.
Read More: Trump’s Crypto Empire Quietly Amasses Over $57M—Massive DeFi Bet Revealed in Disclosure
About Author
