Action: The Administration has released its National Cyber Strategy citing the need to ensure “that America remains unrivaled in cyberspace.”1 The strategy calls for coordination across government and the private sector, centering on six policy pillars – shaping adversary behavior, promoting common sense regulation, modernizing and securing federal government networks, securing critical infrastructure, sustaining superiority in critical and emerging technologies, and building talent and capacity. The strategy does not, however, describe any specific policy actions that the Administration plans to take.
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- The Administration’s vision shares some commonalities with the one outlined by the previous administration’s strategy, including an emphasis on disrupting threats, defending critical infrastructure, providing support for the private sector, and…
Investment fraud targets the human desire for financial growth by promising high returns with “low to no risk.”
- Ponzi Schemes: Named after Charles Ponzi, these schemes pay “returns” to earlier investors using the capital brought in by newer investors. There is no actual underlying business; the system collapses when new recruitment slows down.
- Pyramid Schemes: Similar to Ponzi schemes, but participants are usually required to sell a product or service. The primary “profit” comes from the recruitment fees of new members rather than actual product sales.
- Pump and Dump: Fraudsters spread false, positive rumors about a cheap stock (the “pump”) to drive up the price. Once the price peaks, they sell their shares (the “dump”), leaving other investors with worthless stock.