In one look.
- An Interpol-led operation hits the BEC and other frauds.
- US federal implementation of zero trust.
- Proposal to increase the CISA budget.
First Light 2022 is cracking down on social engineering scammers.
An Interpol-led operation combining police forces from seventy-six countries has successfully shut down more than 1,770 call centers involved in social engineering operations, leading to the seizure of $50 million and the arrest of thousands scammers involved. Dubbed First Light 2022, the two-month global operation focused on cybercriminals involved in phone deception, romance scams, business email compromise (BEC) scams, as well as money and other financial crimes they involved. As a ringing computer RemarksAmericans lost $547 million to romance scams in 2021, and BEC scams resulted in nearly $2.4 billion in losses.
Operations removed by First Light include a Chinese national who defrauded 24,000 victims out of more than $35 million, and a fake kidnapping that demanded a $1.5 million ransom from the victim’s parents. CyberScoop adds that investigators found that some of the scams were related to human trafficking. Duan Daqi, Head of INTERPOL’s National Central Bureau in Beijing, said: “The transnational and digital nature of different types of social engineering and telecom fraud continue to present serious challenges for local law enforcement authorities, as perpetrators operate from a different country or even continent. than their victims and continue to update their fraud schemes.
Implementation of zero trust at the federal level.
American think tank the Center for Strategic and International Studies (CSIS) offers an in-depth examination of the adoption of the Zero Trust Architecture (ZTA) to modernize and increase the resilience of federal information systems. The “never trust, always verify” philosophy relies heavily on a wide range of endpoint security technologies for a vast set of devices, and finding the perfect combination of measures for each agency is a daunting challenge. CSIS conducted a six-month research project, based on existing guidance from CISA’s Zero Trust Maturity Model, analyzing potential roadblocks that federal agencies might face when implementing the ZTA. Through independent research, as well as interviews with private and public sector cybersecurity experts, CSIS identifies some of the key barriers slowing federal adoption of the ZTA, including cost and budget, lack of urgency among agency officials and confusion. regarding agency policies and Office of Management and Budget guidelines.
US lawmakers are proposing a big increase in CISA’s budget.
As the Cybersecurity and Infrastructure Security Agency (CISA) continues to warn private entities of the threat of Russian cyberaggression, Democrats in the U.S. House of Representatives yesterday proposed increasing CISA’s budget request by more than $400 million in support of CISA’s efforts. The disc by Recorded Future reports that the House Appropriations Committee’s FY 2023 Homeland Security Spending Bill includes $2.93 billion in funding for CISA, which is $334 million more than the FY 2022 budget passed by CISA. Homeland Security Appropriations Subcommittee Chair Lucille Roybal-Allard said the bill “provides significant new resources to improve the nation’s ability to prevent and respond to cyberattacks and threats to infrastructure.” reviews”. The spending bill, which will be tagged today by the Homeland Security appropriations subcommittee, recommends more than $235 million for CISA’s cybersecurity efforts, as well as $46.1 million for infrastructure security, $41.2 million for integrated operations and $41.6 million for risk management operations.