“Pig slaughtering” is a crime where perpetrators prey on people by forming relationships with them online and then bilking them out of their savings.
While many victims are vulnerable, lonely, and/or elderly, everyone is susceptible to this crime due to fraudsters’ sophisticated use of data and social engineering, says Giles Witherspoon-Boyd, lead auditor and lead implementor at Protocol.
He caught up with Credit Union Magazine Deputy Editor Bill Merrick Thursday at the 2023 CUNA Cybersecurity Conference with NASCUS. Witherspoon-Boyd explains security leaders’ role in thwarting this crime, the need for financial education, how robust benefits packages can ease people’s susceptibility, and more.
Credit Union Rock Stars are outstanding credit union professionals and directors from a wide range of disciplines who inspire and innovate to advance the missions of their credit unions. The 25 members of the 11th class of Rock Stars were selected for their exceptional creativity, innovation, and passion.
