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government policy
Risky Bulletin: New White House EO prioritizes fight against scams and cybercrime
President Trump signed an executive order directing federal agencies to prioritize enforcement against foreign scam operations and predatory cybercrime, particularly targeting fraud schemes like business email compromise and investment fraud. Americans lost $12.5 billion to cyber-enabled fraud in 2024, with the FBI identifying such crimes as among the most damaging forms of cybercrime for over five years.
Why it matters: Security practitioners and organizations should monitor this policy shift for emerging enforcement priorities, resource allocation to federal agencies, and potential new compliance or reporting requirements that may affect incident response and fraud prevention programs.
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- First seen by Cybersecurity Tracker