From The secret world of cybercrime | Craig Gibson | TEDxMississauga · · TEDx Talks
“There is a solution for all of this luckily so when we talked about Internet of Things and calls that impact people there's actually inefficiencies in 4G landline networks long distance and so on and those inefficiencies actually limit how much fraud can be done and so they have to rely on things like these physical houses to sit in those inefficiencies were one of the ways by which they were traced.”
On , Craig Gibson, EVice President of Global Sales & Account Management at CONCENTRIX CORP, spoke about technology during The secret world of cybercrime | Craig Gibson | TEDxMississauga on TEDx Talks.
In a 2019 TEDxMississauga talk, Craig Gibson described the structure of international telecom and cybercrime operations, stating that they are "international sophisticated groups sometimes hundreds of people who have multiple tiers of org chart." He said that cybercrime "makes more money than drug trade today in the world" and that individuals who would have invested in drug trafficking now invest in cybercrime. Gibson discussed a case in Spain where 20 luxury homes were used as criminal call centers, with workers who were "very low paid very low rights sort of positions." He claimed that victims who lose all their money and are elderly "tend to kill themselves." Gibson argued that 5G technology, managed by artificial intelligence and a "security Orchestrator," could prevent such frauds, stating "when these frauds are performed and you know all these people died it was totally preventable if we had 5G." He also encouraged the public to report phishing attempts to the government, saying that doing so helps authorities "know how to allocate funding how to provide support for law enforcement." Gibson described cybercrime as "a really misunderstood or a very secret class of crime" that is often downplayed or not tracked by large companies.