'The Trillion-Dollar Grift: Inside the Greatest Scam of All Time'; announced an initial $2.2 trillion relief package to bail out millions of Americans desperate for cash during the national lockdowns

‘Oh, my God, they’re going to allow anyone to get unemployment-insurance benefits,” he recalls. “The systems are vulnerable. All needed was a name, a date of birth, an address, & a social security #"

‘But when President Trump announced an initial $2.2 trillion relief package to bail out the millions of Americans desperate for cash during the national lockdown, his concern turned away from the coronavirus. An expert in cybersecurity, Talcove has worked in both the private and public sectors, and has been raising the alarm about the government’s exposure to scams for many years. And now, it was like all of his prior analysis and warnings about fraud had just become real.

“I said, ‘Oh, my God, they’re going to allow anyone to get unemployment-insurance benefits,” he recalls. “The systems are vulnerable. All you needed was a name, a date of birth, an address, and a social security number.”

Talcove’s a proud Boston guy who moved to Washington, D.C., in 1990, and went on to help an anti-government-waste-style Republican become governor of New Hampshire. He knew the relief plan would be irresistible to scam artists and especially tempting to organized transnational criminal groups. “As soon as the CARES money was announced, we started seeing squawking on the dark web, criminal groups in China, Nigeria, Romania, and Russia — they see our systems are open,” Talcove says. He estimates that “the United States government is the single largest funder of cybersecurity fraud in the world.”’

https://news.yahoo.com/trillion-dollar-grift-inside-greatest-131540731.html