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Mike Aaron: Digital Lifeguard

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Manage episode 511598801 series 2292604
Content provided by Plutopia News Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Plutopia News Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this Plutopia episode, Mike Aaron — once a renewable-energy policy aide, now a “digital lifeguard” — explains how fast-evolving tech and social engineering are fueling scams and identity theft, citing FBI Internet Crime Center figures of $6.5B in reported 2024 losses (likely ~10× higher) and ~$160B across all cybercrimes, with average losses especially steep for seniors. He walks through common tactics (bank and FBI impostors, investment cons, romance “pig-butchering,” Coinbase login texts, gift-card shakedowns, AI voice cloning); argues that the crime wave is eroding social trust; and offers practical defenses: secure and monitor the primary email, use password managers and multi-factor auth, adopt passkeys as they mature, set code words/shibboleths, call back through official numbers, add friction for large payments, and lean on education and resources (e.g., AARP) to help individuals, families, and small businesses stay safe.

Mike Aaron:

In 2024, the IC3, the Internet Crime Complaint Center, part of the FBI who track this sort of stuff, reported losses of $6. 5 billion. Go back to the New York Times estimate that only about 10% of this gets reported: we’re talking $65 billion. That’s just investment scams. The actual total was $160 billion for all of the different online crimes — for the ransomware, the botnets, the malware, the extortion, the real estate, the identity theft, the credit card checkfront, all of them. $160 billion. Average loss for people over the age of 60 is $83,000 each.

  continue reading

26 episodes

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iconShare
 
Manage episode 511598801 series 2292604
Content provided by Plutopia News Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Plutopia News Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this Plutopia episode, Mike Aaron — once a renewable-energy policy aide, now a “digital lifeguard” — explains how fast-evolving tech and social engineering are fueling scams and identity theft, citing FBI Internet Crime Center figures of $6.5B in reported 2024 losses (likely ~10× higher) and ~$160B across all cybercrimes, with average losses especially steep for seniors. He walks through common tactics (bank and FBI impostors, investment cons, romance “pig-butchering,” Coinbase login texts, gift-card shakedowns, AI voice cloning); argues that the crime wave is eroding social trust; and offers practical defenses: secure and monitor the primary email, use password managers and multi-factor auth, adopt passkeys as they mature, set code words/shibboleths, call back through official numbers, add friction for large payments, and lean on education and resources (e.g., AARP) to help individuals, families, and small businesses stay safe.

Mike Aaron:

In 2024, the IC3, the Internet Crime Complaint Center, part of the FBI who track this sort of stuff, reported losses of $6. 5 billion. Go back to the New York Times estimate that only about 10% of this gets reported: we’re talking $65 billion. That’s just investment scams. The actual total was $160 billion for all of the different online crimes — for the ransomware, the botnets, the malware, the extortion, the real estate, the identity theft, the credit card checkfront, all of them. $160 billion. Average loss for people over the age of 60 is $83,000 each.

  continue reading

26 episodes

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