In this interview, we discuss with Frank Teruel, Chief Financial Officer of Arkose Labs, the rise of “pig butchering” scams and how scammers target their victims. Frank shares his extensive experience in fraud prevention and online security, offering insights into best practices for companies and individuals to protect themselves from these schemes. We cover a range of topics, including:
– What “pig butchering” scams are and why they are so effective
– How to recognize the warning signs of online scams
– The role of social media in facilitating fraud and how users can stay vigilant
– Emerging threats like deep fakes, AI-based scams, and SMS toll frauds
– The ethical responsibilities of companies in preventing fraud
– Tips for monitoring your online footprint and staying safe on social media
– The potential fraud risks as elections approach
Tune in to learn how to safeguard your digital presence and what to watch out for in the ever-evolving landscape of online security.