Saturday, June 28, 2025

An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of "pig butchering" scams overseas (Cezary Podkul/ProPublica)

Cezary Podkul / ProPublica:
An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of “pig butchering” scams overseas  —  - Struggling Gatekeepers: In the face of some $44 billion a year in pig-butchering scams conducted by Asian crime syndicates …



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...