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Most people experience fraud as a single event. A suspicious text message, a fake investment opportunity, or a phone call from someone pretending to be their bank.
The reality is that modern fraud is an organised global economy, powered by criminal networks that continuously adapt their tactics while relying on the same psychological manipulation to deceive victims at scale.
Understanding how that economy evolves requires intelligence from two very different front lines: the investigators working to dismantle criminal networks, and the people encountering new scams every day.
In this episode, hosts Gary Ruddell and former INTERPOL Director of Cybercrime Craig Jones are joined by cybersecurity educator, strategist and digital safety advocate Caitlin Sarian, better known to millions as “Cybersecurity Girl” to explore the two front lines of the modern fraud economy. Drawing on perspectives from international cybercrime investigations, threat intelligence operations and a community of millions reporting scams as they happen, together they examine what each side sees that the other doesn’t and what it takes to transform intelligence into action against a threat that adapts in real time.
By understanding who these actors are and how they operate, you can better anticipate threats and protect yourself in an increasingly hostile digital world.




MuddyWater has spent nearly a decade challenging the traditional espionage playbook through constant expansion and technical reinvention. In this episode, Gary Ruddell and former INTERPOL Cybercrime Director Craig Jones join cybersecurity journalist Ravie Lakshmanan to explore the forces behind the group’s evolution, why state-linked actors are so difficult to disrupt, and how defenders can respond to an adversary that never stands still.


In this episode we examine the implications of biometric theft, the future of digital identity in an AI driven world, and how we can rebuild trust where proving who we are online is becoming increasingly complex.


In this episode, Gary Ruddell and Craig Jones speak with payments, fraud, and cybersecurity expert Neira Jones about the criminal supply chain behind TX-NFC, why traditional fraud controls struggle to detect it, and how to protect money when proximity is no longer enough.