
The Billion-Dollar Scam Industry Targeting Your Parents with Patrick Coughlin
About this episode
Inside AI-Powered Imposter Scams with Patrick Coughlin
Host Andy Murphy interviews cybersecurity veteran Patrick Coughlin, CEO of Savvy Security and creator of the free ScamWise tool, about the modern scam economy and how AI is accelerating fraud. Patrick recounts how his mother was targeted by a spoofed-phone impersonation/kidnapping scam using a voice that sounded like his sister and a demand for $1,200 for her safe return.
Together they discuss why scams overwhelm even savvy people, how shame drives underreporting, and why seniors are targeted due to concentrated wealth. Coughlin outlines today's scam "anatomy" and describes scam call-center "compounds," including potential human trafficking.
For more from Patrick Coughlin visit: https://scamwise.com/
Grab Patrick's book: https://www.darksideoftheboom.com/
Protect your business and your peace of mind. Go to JoinDeleteMe.com/dad-biz. When you use that link, you'll also get a free year of social media protection for every seat you purchase.
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00:00 Show Welcome
01:03 Sponsor DeleteMe
02:27 Free Preparedness Guide
02:57 Meet Patrick Coughlin
05:13 Mom Impersonation Scam
12:16 Why Smart People Fall
17:00 Anatomy of Modern Scams
23:48 Scam Economy Explosion
25:42 Organized Crime Goes Digital
27:34 AI Makes Scams Cheap
31:40 Why Criminals Adopt Tech
32:59 Inside Scam Compounds
41:36 Trust Crisis On Phones
45:46 Rapid Fire Scam Tips
49:25 Protecting Older Relatives
52:35 Scamwise And Book Plug
53:48 Podcast Wrap And Sponsor
The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. The views and opinions expressed by guests are those of the authors and do not necessarily reflect the official policy or position of The Secure Dad, LLC.
The Secure Dad LLC makes every effort to provide accurate, up-to-date information, but no guarantee is made regarding the completeness, reliability, or accuracy of the content in this podcast or any related materials. Information may change over time, and inadvertent errors or omissions may occur. The Secure Dad LLC is not liable for any losses, injuries, or damages arising from the use of, or reliance on, any information provided.
The Secure Dad® is a registered trademark of The Secure Dad, LLC. This post contains affiliate links. If you use these links to buy something, a commission may be earned. All rights reserved.
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