That Online Scam Is a Geopolitical Problem: Paul J. Davies

Online scams are a huge business. In fact, more than that, they have become a full industry with sophisticated supply chains of services, equipment and labor. Key groups in this sector also have direct connections to nations such as Russia, China and North Korea. What has long seemed just a lot of low-level crime has grown into a global, geopolitical problem.

You are still your own best defense against losing money to online scammers, but the volume and sophistication of attacks are only increasing. Governments must do more to help defend their people, companies and institutions. Cybercrime is a national security issue, and the entire system ...