Pig Butchering and National Security

The Institute of World Politics

About the Lecture: Pig Butchering, a slang Chinese term for the process of “fattening the pig before the slaughter”, has become synonymous with crypto investment scams. Investment scams have become the most costly cyber-enabled crime reported to the FBI, with reported losses exceeding $4.5B. Across the globe, some studies estimate losses over $63B. In this discussion, we will differentiate between investment scams and Pig Butchering scams, and also learn about the implications to national security and global security from Pig Butchering and its ties to organized crime and nation state threats. About the Speaker: Robin J. Pugh is the President of DarkTower, a bespoke threat intelligence firm that leverages University partnerships and research to provide managed threat intelligence services to industry leaders in banking, insurance, law enforcement, and ecommerce. DarkTower focuses on disrupting internet-enabled crime and training the next generation of cybercrime fighters. In 2023, Robin brought together a team of cybercrime fighters and launched Intelligence for Good, a non-profit organization whose mission is to address the explosion of internet-enabled crimes against individuals including crypto investment scams, romance scams, sextortion and other crimes with “no natural predator.” Robin received her degree in Business Administration from Montreat College and resides in the Charlotte, North Carolina, area with her husband and three children.