BUSINESS + ECONOMY

FBI Confidential: What it takes to combat cybercrime

Jul 26, 2018, 8:03 AM

SALT LAKE CITY — In the past several years, the rate of cybercrime has grown exponentially, and the FBI says you may be a victim without even knowing it.

Cybercrime is not a traditional crime and suspects are much harder to find due to its digital nature, taking place not only on a local level but on a global level as well.

Jeff Collins, Supervisory Special Agent, who is with the FBI Salt Lake City Division’s Cyber Task Force explained to KSL’s Debbie Dujanovic the concept of cybercrimes and how they not only affect your average user cleaning out their email but both small and large businesses, costing companies hundreds of thousands of dollars at a time.

“Our number one cyber threat we’re seeing now are business e-mail compromises, ” said Collins.

The scam can go so far as persuading a business that the hacker is a high ranking official, such as a Chief Financial Officer within the fake company in order to convince the victim to wire money.

“The business doesn’t think anything of it, they don’t verify it, and they will wire money,” Collins explained.

While there are many ways to prevent such scams, including contacting the companies IT department and deleting suspicious emails, the best approach is to just simply pick up the phone.

“With these scams, I tell people the easiest way to prevent this is to pick up the phone. Pick up the phone and call the other business you’re sending money to and confirm or verify that the banking instructions are correct,” he added.

The second biggest type of cybercrime the Cyber Task Force combats is ransomware. Ransomware is an insidious type of malware that encrypts or locks, valuable digital files and demands a ransom to release them.

“The criminals are requesting payment, in order to decrypt or give you your files back,” Collins said in regards to ransomware.

Sometimes the damage can be so bad that the files are unable to be retrieved, even after taking it to a professional.

“The best way to prevent this problem is to keep backups. Keep them disconnected from the computer, in case your files are ever encrypted,” said Collins.

There are multiple ways to protect yourself from becoming a victim of a cybercrime though, including being aware and paying attention when browsing the internet, staying up-to-date on all of your devices, and last but not least, update your password.

“Consistently, we have most of the public using very weak passwords, things like password1. I like to recommend people to choose passwords that are really good. One way to do that is, think of a phrase or think of a sentence and choose the first word of every sentence and use that as your password,” Collins said.

 

Users can find FBI Confidential on the KSL Newsradio website and app, as well as Apple Podcasts and Google Play.

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

Now hiring sign...

Kira Hoffelmeyer

April jobs report shows possible steadying of labor market

The April jobs report showed a lower than expected gain in jobs over the last month.

2 hours ago

Meadowlark Elementary School in Salt Lake City is pictured on Tuesday, April 13, 2021....

Dan Rascon, KSL TV

Teacher salaries are the highest in over a decade. Why it’s still not enough

A new study shows teacher salaries across the country have jumped higher than they have in more than a dozen years.

2 days ago

Jerome Powell, Board Chair of the Federal Reserve, speaks at a news conference. The Federal Reserve...

ASSOCIATED Press

Federal Reserve says interest rates are staying high

The Federal Reserve stated that it has no plans to reduce interest rates until price increases slow further.

2 days ago

X-4 Summit logo on display as attendees walk past...

Heather Peterson

This year’s X-4 Summit teaches business leaders about AI and human interaction

The X-4 Summit, a massive conference of business leaders, kicked off on May 1st. This year's conference will feature some big name speakers.

2 days ago

Provo Airport in Provo on Friday , April 12, 2024....

Derrick Jones

Provo Airport takes off with rapid growth and new airlines

Experiencing unprecedented growth, Provo Municipal Airport (PVU) services three commercial Airlines and is Utah's second busiest airport.

3 days ago

A customer passes by an isle in a grocery store in Utah. Grocery spending has risen significantly s...

Kyle Remund

Grocery spending up across Utah and United States

A report found that grocery prices in the United States "are up nearly 25% since the onset of the COVID-19 pandemic."

3 days ago

Sponsored Articles

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.

...

Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

FBI Confidential: What it takes to combat cybercrime