Most of the cyber policy work in governments is bipartisan. It doesn’t matter if you are liberal or conversative–the ultimate goal is to stop cyber threats.
This week three U.S. House of Representatives introduced the Guarding Unprotected Aging Retirees from Deception (GUARD) Act which is a bill to do the following:
- Provide federal funds to State, local, and Tribal law enforcement agencies for investigated elder financial fraud, pig butchering (a real cybersecurity term for a type of scam), and general financial fraud.
- Clarify that Federal law enforcement agencies may assist State, local, and Tribal law enforcement agencies in the use of tracing technology tools and for other purposes.
Every day we are targeted in financial schemes and this bill will benefit us all. In a previous article I provided details of the FBI’s annual Internet Crime Complaint Center (IC3) report which found that people over 60 filed 147,127 financial fraud complaints in 2024. This is a 46% jump from the previous year with total internet crime losses exceeding $4.8 billion.
I will update you on the bill as it passes through Congress. If you are a victim of internet crime, please report it to the FBI’s Internet Crime Complaint Center.