U.S. Officials Promote Federal Efforts Against Cybercrime and Online Fraud
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
U.S. Attorney General Todd Blanche and Homeland Security Secretary Markwayne Mullin participated in a roundtable promoting the administration’s efforts against cybercrime by transnational criminal organizations. President Donald Trump highlighted directives issued in March and August aimed at combating online fraud.
From homenewshere.com
Why it matters
The administration is directing federal agencies to coordinate strategies against online scams and work with private companies to disrupt foreign cybercriminal networks. Federal authorities have reportedly prevented at least $1.6 billion in potential losses this year and frozen nearly $1 billion in cryptocurrency associated with overseas scammers.
From homenewshere.com
Who's involved
- Todd BlancheU.S. Attorney General who joined the roundtable promoting cybercrime response.
- Markwayne MullinHomeland Security Secretary who joined the roundtable promoting cybercrime response.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
Financial institutions might see reduced costs associated with fraud and cyberattacks due to increased federal enforcement.
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The entities involved
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Todd Blanche
American attorney (born 1974)
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Markwayne Mullin
American politician (born 1977)