In this episode of Code and Country, Ian Paterson speaks with Matthew O'Neill, retired Secret Service senior executive who spent 25 years leading cyber crime investigations and building the agency's Global Investigative Operations Center.
Matthew shares stories from undercover lure operations—creating fake personas to catch Romanian hackers and Vietnamese criminals—and explains why traditional law enforcement is losing ground as fraud losses exploded from $4.2 billion to $16 billion since 2017. The conversation covers the "scam epidemic" of pig butchering operations, why Matthew calls law enforcement "the Chicago Cubs of cyberspace," and how AI-enabled scam factories in Southeast Asia are scaling attacks.
This episode gives security leaders an insider's perspective on what actually works in cyber crime deterrence and why engaging law enforcement before crisis strikes could save millions.