WEBVTT - 11-27-25 America's Truckin' Network

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<v Speaker 1>This is America's truck and Network with Kevin Gordon.

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<v Speaker 2>Welcome aboard, Thanks for tuning in. Happy Thanksgiving. First of all,

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<v Speaker 2>I want to give a shout out to all you

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<v Speaker 2>truckers that are still out on the road, the first responders,

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<v Speaker 2>hospital staff, anybody that is working through the holidays, especially Thanksgiving,

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<v Speaker 2>so that the rest of us can enjoy and celebrate

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<v Speaker 2>with our families. Now, as far as the trucking industry

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<v Speaker 2>is concerned, any of people that are out on the

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<v Speaker 2>road and you see these trucks out there, mind you,

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<v Speaker 2>these are the people that have brought the food to

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<v Speaker 2>the stores so that you can enjoy that on Thanksgiving.

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<v Speaker 1>They are the ones.

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<v Speaker 2>That are out there bringing the goods to the stores

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<v Speaker 2>so that you can shop on Black Friday. Also the

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<v Speaker 2>people that are stocking the individual warehouses and stuff so

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<v Speaker 2>that Cyber Monday can be successful as well. So when

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<v Speaker 2>you see these truckers out on the road, realize that

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<v Speaker 2>they're working while you're having fun, and show them a.

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<v Speaker 1>Little bit of courtesy along the way.

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<v Speaker 2>Now, this is a busy time of the year round

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<v Speaker 2>Christmas and so on, and a lot of freight is moving.

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<v Speaker 2>A lot of people are online they're going to different

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<v Speaker 2>websites buying things online, which is a perfect storm, if

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<v Speaker 2>you will, for those thieves out there, people that want

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<v Speaker 2>to steal your identity, and people that want to basically

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<v Speaker 2>drain your bank account. Coming up in the next segment,

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<v Speaker 2>we're going to be talking to a cyber security expert,

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<v Speaker 2>Dave Hatter, about this very topic and as it relates

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<v Speaker 2>to the trucking industry, the thieves are busy out there.

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<v Speaker 2>They're always trying to separate you from your money and

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<v Speaker 2>as well as what we're seeing as far as the

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<v Speaker 2>trucking industry is concerned as well, American Transportation Research Institute

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<v Speaker 2>back in October issue a report talking about the cost

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<v Speaker 2>of cargo theft and what's going on in the trucking

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<v Speaker 2>industry over well, and it's getting worse as we go on,

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<v Speaker 2>because thieves are getting better, they're getting smarter, they're getting

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<v Speaker 2>more slick, if you will, and they're getting very good

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<v Speaker 2>at being able to figure out different ways of stealing

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<v Speaker 2>your money and your cargo. According to and again the

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<v Speaker 2>American Transportation Research Institute, I get this. These are some

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<v Speaker 2>frightening numbers cargo theft costs the US trucking industry about

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<v Speaker 2>six point six billion dollars annually or eighteen million dollars daily.

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<v Speaker 1>Eighteen million dollars daily. That is just absolutely astounding.

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<v Speaker 2>Study found that seventy four percent of stolen goods are

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<v Speaker 2>never recovered, with thefts concentrated near major logistic hubs and

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<v Speaker 2>states such as California, Texas, Illinois, and Tennessee. So those

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<v Speaker 2>areas there are ripe for where the thieves are intending

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<v Speaker 2>to steal as much cargo as they can. Annual theft

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<v Speaker 2>costs let me see an average of five hundred and

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<v Speaker 2>twenty thousand dollars per motor carrier and about one point

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<v Speaker 2>eight million dollars per logistics service providers, So these are

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<v Speaker 2>This is not jump change. This is something that really

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<v Speaker 2>needs to be paid attention to and some security measures

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<v Speaker 2>need to be in place. Cargo is more likely to

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<v Speaker 2>be stolen as mentioned before, near major freight and logistics

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<v Speaker 2>hubs in large cities where significant goods are moving on

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<v Speaker 2>interstate corridors while law enforcement capabilities are strained. Let's see

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<v Speaker 2>prevention strategies include protecting and monitoring facilities, trucks and trailers.

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<v Speaker 1>I mean that is one of.

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<v Speaker 2>The I guess probably the first line of defense, if

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<v Speaker 2>you will, making sure that you're you know, locks on

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<v Speaker 2>the gate, controlling the access into your facility, making sure

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<v Speaker 2>that anybody that shows up has the proper paperwork. And

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<v Speaker 2>we'll get into that here shortly as to what is

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<v Speaker 2>proper paperwork and so on, but you know, putting locks

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<v Speaker 2>on the trailers, putting making sure that they're parked and

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<v Speaker 2>well lit places. If you know, if you're off the

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<v Speaker 2>road and you're by a you know, getting a bite

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<v Speaker 2>to eat or something like that, try to make sure

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<v Speaker 2>that your truck is in visioned so that people are

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<v Speaker 2>not out there, you know, in the dark, you know,

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<v Speaker 2>being able to steal merchandise.

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<v Speaker 1>It's still the low level type.

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<v Speaker 2>Of thing that is happening out there, but then again

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<v Speaker 2>you get in some of the sophisticated measures as well.

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<v Speaker 2>For motor carriers, there are terminals where twenty four percent

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<v Speaker 2>of the thefts occurred, so at the terminal level itself,

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<v Speaker 2>stuff being pilfered from there. Logistics services providers, on the

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<v Speaker 2>other hand, have experienced fifty one percent of the theft

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<v Speaker 2>as customer pick up locations through strategic schemes. And speaking

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<v Speaker 2>of which, there were a couple if there have been

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<v Speaker 2>a couple of high profile schemes so to speak, that

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<v Speaker 2>have been in the news recently, and one getting into

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<v Speaker 2>how this is done and so on.

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<v Speaker 1>One of the things.

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<v Speaker 2>That a sophisticated cargo thieves steel Craft whiskey worth one

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<v Speaker 2>million dollars and Guy Fieri from Food Network tequila was

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<v Speaker 2>stolen in a double brokering scheme. So these are two

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<v Speaker 2>very high profile stories that have been in the news.

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<v Speaker 2>The one involved single malt. Distillers had worked more than

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<v Speaker 2>a decade to make thieves stole Let me see, thieves

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<v Speaker 2>who made off with twelve thousand bottles of a craft

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<v Speaker 2>whiskey and a rare US liquor heightst this summer did

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<v Speaker 2>more than just snag one million dollars worth of product.

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<v Speaker 2>They also spirit away nearly half the stock of the

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<v Speaker 2>single malt that took them a decade to gather. I'm

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<v Speaker 2>wondering on this one if it was not something of

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<v Speaker 2>an inside job informing people of where this was going on,

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<v Speaker 2>and had this happen now in Guy Fieri's situation, the

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<v Speaker 2>tequila that was stolen, Now, this is the methods that

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<v Speaker 2>are used. First, thieves will steal a business identity, then

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<v Speaker 2>they trick shippers into handing over entire container loads. Criminals

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<v Speaker 2>will go out and create fake online profiles of trucking companies,

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<v Speaker 2>bid on those jobs they suspect might be valuable, and

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<v Speaker 2>hire unsuspecting drivers to go ahead and pick those up

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<v Speaker 2>and then give them a location to send those two

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<v Speaker 2>In Guy Fieri's situation, the way this particular thing worked,

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<v Speaker 2>let's see here, two truckloads of tequila were stolen by

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<v Speaker 2>a company owned by Guy Fieri and Sammy Hagar known

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<v Speaker 2>as Freight Industry as double brokering.

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<v Speaker 1>So here's what happened. The company's logistic.

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<v Speaker 2>Partner hired a carrier that pre broker the job to

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<v Speaker 2>another firm, which turned out to be fictitious.

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<v Speaker 1>The imposter carrier used.

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<v Speaker 2>Forged documents, phony emails accounts, and fake phone numbers to

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<v Speaker 2>appear legitimate. Thieves sent video to supposed breakdown and routine

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<v Speaker 2>delays update.

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<v Speaker 1>To mask the frauds. So as they.

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<v Speaker 2>Were busy moving this freight from where it was from

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<v Speaker 2>when they picked it up from the location and were

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<v Speaker 2>moving it to a different location in a different direction,

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<v Speaker 2>they had to have some sort of diversion in order

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<v Speaker 2>to delay that shipment that was supposedly going to as

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<v Speaker 2>in this case Pennsylvania, So if they could delay that

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<v Speaker 2>by a few days, it would give them a head

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<v Speaker 2>start of getting this truckloads, these two truckloads to Los

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<v Speaker 2>Angeles where it was actually dropped off. And so by

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<v Speaker 2>delaying this with showing fake breakdowns and fake information in

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<v Speaker 2>terms of how this traffic is being delayed, it you know,

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<v Speaker 2>people are unsuspecting. They're thinking, okay, we've ordered this merchandise

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<v Speaker 2>and it's supposed to arrive on a date certain But

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<v Speaker 2>if you've ever tracked a package coming to your house,

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<v Speaker 2>or if you've ever bought anything online, you'll see as

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<v Speaker 2>you're doing these tracking where it will go to a

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<v Speaker 2>particular location, it'll stay there, you know'll get there in

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<v Speaker 2>the morning, and you think, okay, well, you know that's

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<v Speaker 2>one hundred miles away from here. It'll be here by

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<v Speaker 2>the afternoon or tomorrow at least. But somehow somewhere along

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<v Speaker 2>the line in the tracking, it gets delayed and then

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<v Speaker 2>it doesn't get to you when it's supposed to get there,

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<v Speaker 2>So you're left waiting for this merchandise. In this instance,

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<v Speaker 2>they kept informing them that okay, the truck broke down

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<v Speaker 2>here this is what's going on. You know, don't worry.

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<v Speaker 2>The truckload's going to be there. And then as it

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<v Speaker 2>turned out, that truckload was actually never sent in that direction,

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<v Speaker 2>it was diverted to a different direction. And again this

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<v Speaker 2>has to do with sophistication, cloning these creating fake websites,

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<v Speaker 2>And what we'll see coming up and talking with Dave

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<v Speaker 2>Hatter is that how thieves are getting very clever at

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<v Speaker 2>just changing certain things, making something look legitimate, making a

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<v Speaker 2>website look legitimate, making phone numbers look legitimate, making emails

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<v Speaker 2>look legitimate. Sometimes it's necessary to trust and trust, but verify,

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<v Speaker 2>maybe making a couple of extra calls, making sure that

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<v Speaker 2>the person picking this up is actually the person that's

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<v Speaker 2>supposed to pick this up, and tracking this along the line.

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<v Speaker 2>So coming up, we're gonna be talking with Dave Hatter,

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<v Speaker 2>and if you miss any if you can't hang around

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<v Speaker 2>for that interview, just hit up that iHeartRadio app later on,

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<v Speaker 2>brought to you by our friends at Rush Truck Centers.

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<v Speaker 2>I'm Kevin Gordon, America's truck and Network seven hundred Wlwantastic.

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<v Speaker 2>I've been wanting to have Dave Hatter on this show

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<v Speaker 2>for months we got tired of winning for his people

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<v Speaker 2>and my people to get together, so we just decided

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<v Speaker 2>to do ourselves. Dave Hatter is Cincinnati's top cybersecurity pro.

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<v Speaker 2>I would say the region's top security pro. But who

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<v Speaker 2>am I to argue. An enthusiastic tech evangelist, he has

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<v Speaker 2>more certifications that you can shake a stick at.

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<v Speaker 1>He's regularly featured.

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<v Speaker 2>On Tech Friday, or as I call it, Scare the

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<v Speaker 2>Hell out of Your Friday, which airs each week at

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<v Speaker 2>six thirty am on our sister station fifty five KRS

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<v Speaker 2>in Cincinnati. Dave Hatter, Welcome to America's truck and Network.

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<v Speaker 2>Appreciate your time.

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<v Speaker 3>Heany, Kevin, thanks for having me on. I'm looking forward

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<v Speaker 3>to hopefully doing's good out here.

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<v Speaker 1>Yeah. Absolutely.

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<v Speaker 2>Now, you know, we're going into this Black Friday and

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<v Speaker 2>then of course Cyber Monday and a lot of the

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<v Speaker 2>stuff that people need to do in terms of protecting

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<v Speaker 2>themselves so they don't get scammed and all this sort

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<v Speaker 2>of stuff.

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<v Speaker 1>All these things are good.

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<v Speaker 2>But one of the reasons I wanted to have you

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<v Speaker 2>on is that there's been a lot of stuff going

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<v Speaker 2>on in the trucking industry here recently where there's been

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<v Speaker 2>a lot of cargo theft, and this this is aded

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<v Speaker 2>from you know, the old school of what you just

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<v Speaker 2>hijack a truck, or you wait for a truck to

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<v Speaker 2>park and you, you know, unload it while they're eating

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<v Speaker 2>or something like that. This has gotten more sophisticated to

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<v Speaker 2>where they're actually stealing these loads through all kinds of

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<v Speaker 2>different methods in terms of identity theft and so on.

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<v Speaker 2>So I guess basically the same thing that would happen

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<v Speaker 2>in terms of an individual's identity theft would apply here

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<v Speaker 2>as well.

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<v Speaker 4>Yeah, to a large extent, that's true, Kevin. I mean

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<v Speaker 4>it's a combination of the fact that and I'm sure

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<v Speaker 4>all your listeners have seen many examples of these gigantic

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<v Speaker 4>data breaches, you know, time and time again. You see

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<v Speaker 4>where this company has had a data breach. Millions of

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<v Speaker 4>records lost, millions of records lost. A perfect example of

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<v Speaker 4>this would be the National Public Data Data breaks. National

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<v Speaker 4>Public Data is a background check company. For any listener

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<v Speaker 4>who's gone through a background check. Think of the very

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<v Speaker 4>sensitive information you give up in a background check. Places

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<v Speaker 4>you've lived, places you've worked, your family members, all kinds

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<v Speaker 4>of very sensitive information. So that if someone wanted to

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<v Speaker 4>either impersonate you using the information, they would need to

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<v Speaker 4>convince someone else their you they have it.

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<v Speaker 3>Or vice versa.

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<v Speaker 4>If I'm trying to convince you that I'm a legitimate

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<v Speaker 4>entity because I know information about you.

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<v Speaker 3>That only that legitimate entity would know.

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<v Speaker 4>These data breaches cut both ways, and they're a powerful

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<v Speaker 4>tool for criminals and con artists. And I would mention

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<v Speaker 4>so many of these cyber criminals are really just really good.

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<v Speaker 3>Con artists that know how to use technology.

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<v Speaker 4>But once you put all this information into the hands

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<v Speaker 4>of the bad guys, it makes it very easy for

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<v Speaker 4>them to then leverage technical tools like spoofing. So spoofing

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<v Speaker 4>is basically a term. You can think of it as impersonation.

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<v Speaker 4>I can spoof a website. I copy a website, I

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<v Speaker 4>set it up on another server with a very slightly

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<v Speaker 4>different domain. Maybe I replace an S with a number

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<v Speaker 4>five or something in it. I can easily spoof an email.

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<v Speaker 4>I can spoof a phone number, so whether it's a

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<v Speaker 4>text message to you or a phone call to you,

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<v Speaker 4>I can make a call or send it to text

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<v Speaker 4>and make it appear to come from any number I want,

0:13:02.320 --> 0:13:04.360
<v Speaker 4>Just like I can send an email and make it

0:13:04.360 --> 0:13:07.280
<v Speaker 4>appear to come from any email address. So that's my

0:13:07.360 --> 0:13:10.360
<v Speaker 4>long winded way of saying, the criminals have the information

0:13:10.440 --> 0:13:14.840
<v Speaker 4>they need to set up fake websites to create the

0:13:15.160 --> 0:13:18.880
<v Speaker 4>false sense of authority that they need to then, using

0:13:18.920 --> 0:13:22.400
<v Speaker 4>spoofing and social engineering, convince people to do things like, hey,

0:13:22.400 --> 0:13:24.480
<v Speaker 4>I'm here to pick up this shipment. Well, how did

0:13:24.520 --> 0:13:26.439
<v Speaker 4>you know about the shipment? Well, I hacked your system,

0:13:27.000 --> 0:13:29.520
<v Speaker 4>or I convinced one of your employees to tell me

0:13:29.559 --> 0:13:33.199
<v Speaker 4>some information because I impersonated your IT person or whatever,

0:13:33.480 --> 0:13:35.760
<v Speaker 4>and then they drive off with the shipment. So yeah,

0:13:36.000 --> 0:13:37.920
<v Speaker 4>I'm not at all surprised you're seeing this.

0:13:37.880 --> 0:13:40.000
<v Speaker 2>Yeah, Dave hat Or, I don't think people are going

0:13:40.120 --> 0:13:43.160
<v Speaker 2>up to the where they pick up the load and saying, hey,

0:13:43.200 --> 0:13:45.520
<v Speaker 2>I am personated this company. I'm here to steal this

0:13:45.800 --> 0:13:47.680
<v Speaker 2>from you.

0:13:47.720 --> 0:13:50.360
<v Speaker 4>But I mean, if I show up with the bill

0:13:50.640 --> 0:13:53.160
<v Speaker 4>with all the proper paperwork, how would.

0:13:52.920 --> 0:13:54.120
<v Speaker 3>You know exactly?

0:13:54.480 --> 0:13:54.960
<v Speaker 1>Exactly?

0:13:55.040 --> 0:13:57.400
<v Speaker 2>Yeah, I was just teasing there, because the way you

0:13:57.480 --> 0:13:59.440
<v Speaker 2>phrased it was that, yeah, I'm here to steal your

0:13:59.480 --> 0:14:03.840
<v Speaker 2>merchandise and all this ors and here's the bill of lady.

0:14:03.920 --> 0:14:06.120
<v Speaker 2>They're probably not saying that they're showing the bill of lady.

0:14:06.240 --> 0:14:08.800
<v Speaker 2>But you're you're right, I mean, because it is so

0:14:08.840 --> 0:14:11.240
<v Speaker 2>easy and you know you and I, I mean, I

0:14:11.280 --> 0:14:13.400
<v Speaker 2>called you a few months ago. I got this thing

0:14:13.440 --> 0:14:16.480
<v Speaker 2>on my computer that it seemed like my my bank

0:14:16.640 --> 0:14:19.480
<v Speaker 2>was telling you that there's been some fraudulent charges and

0:14:20.080 --> 0:14:22.320
<v Speaker 2>do this, that and the other thing, and it looked

0:14:22.440 --> 0:14:25.080
<v Speaker 2>legitimate as hell. And I thought, well, maybe I'll call

0:14:25.160 --> 0:14:27.920
<v Speaker 2>the company. And I couldn't get through or I don't

0:14:27.960 --> 0:14:29.760
<v Speaker 2>know what I was thinking, and I thought, do I

0:14:29.840 --> 0:14:31.440
<v Speaker 2>click on this or not? And I called you and

0:14:31.440 --> 0:14:33.320
<v Speaker 2>I said, you know what, I'm thinking that this is

0:14:33.360 --> 0:14:37.320
<v Speaker 2>probably probably not a good thing to do, and so

0:14:37.840 --> 0:14:40.160
<v Speaker 2>we talked about it. You said, well, you know, reboot

0:14:40.240 --> 0:14:42.760
<v Speaker 2>or do this and do that and see if if

0:14:42.760 --> 0:14:45.720
<v Speaker 2>it's still there before you call your your bank. And

0:14:46.560 --> 0:14:49.480
<v Speaker 2>sure enough, I mean, I who you know from listening

0:14:49.480 --> 0:14:51.400
<v Speaker 2>to you over the years and what and going to

0:14:51.440 --> 0:14:54.080
<v Speaker 2>back up here again when I say what I call

0:14:54.200 --> 0:14:57.040
<v Speaker 2>it scare the hell out of your fridays on KRNC.

0:14:57.760 --> 0:15:01.240
<v Speaker 2>Is that because you always have this in that's available

0:15:01.280 --> 0:15:05.720
<v Speaker 2>how people can protect themselves. But you also give the

0:15:05.800 --> 0:15:08.520
<v Speaker 2>stories about how these companies, as you said, these big

0:15:08.640 --> 0:15:11.840
<v Speaker 2>data breaches where they can come in steal your identity

0:15:11.840 --> 0:15:13.880
<v Speaker 2>and how easy it is for them to get into

0:15:13.880 --> 0:15:17.160
<v Speaker 2>your system because you click on something that you are unsuspecting,

0:15:17.520 --> 0:15:20.040
<v Speaker 2>or you answer a question you shouldn't answer, answer a

0:15:20.080 --> 0:15:22.840
<v Speaker 2>phone call you shouldn't answer, or something along those lines.

0:15:22.840 --> 0:15:24.520
<v Speaker 2>And you know, when I say scare the hell out

0:15:24.560 --> 0:15:27.120
<v Speaker 2>of it, well, maybe people need to bed the hell

0:15:27.200 --> 0:15:30.400
<v Speaker 2>scared out of them sometime on this stuff. But again,

0:15:30.760 --> 0:15:33.240
<v Speaker 2>these are the kinds of things that you know, the

0:15:33.600 --> 0:15:38.600
<v Speaker 2>people are getting very sophisticated with this process of faking

0:15:38.640 --> 0:15:41.600
<v Speaker 2>an id facing and as we saw on some of

0:15:41.600 --> 0:15:47.200
<v Speaker 2>these stories that we talked about, that they actually identify

0:15:47.280 --> 0:15:50.800
<v Speaker 2>themselves or steal the identity of a legitimate trucking company

0:15:51.080 --> 0:15:54.640
<v Speaker 2>or a logistics company. And so how do people protect

0:15:54.680 --> 0:15:57.560
<v Speaker 2>themselves from this? Is there certain things that you should

0:15:57.560 --> 0:16:00.920
<v Speaker 2>look for? Is there certain things that that are not

0:16:00.960 --> 0:16:01.880
<v Speaker 2>being done?

0:16:02.880 --> 0:16:03.120
<v Speaker 3>Well?

0:16:03.160 --> 0:16:04.800
<v Speaker 4>I think you know, a big part of it, just

0:16:04.840 --> 0:16:07.560
<v Speaker 4>in general is awareness. So one of the reasons why

0:16:07.600 --> 0:16:09.520
<v Speaker 4>I appreciate you giving me a chance to come talk

0:16:09.560 --> 0:16:09.920
<v Speaker 4>about this.

0:16:10.080 --> 0:16:12.360
<v Speaker 3>You know, you don't have to take my word for this.

0:16:12.560 --> 0:16:15.360
<v Speaker 4>You can go out and find copious examples of this

0:16:15.720 --> 0:16:17.920
<v Speaker 4>and reported in the media of all different kinds of

0:16:17.960 --> 0:16:21.640
<v Speaker 4>you know, identity theft and these sorts of hacks and

0:16:21.680 --> 0:16:24.800
<v Speaker 4>account takeovers and so forth. You can also go to

0:16:24.840 --> 0:16:28.360
<v Speaker 4>sites like the FTC, FTC dot gov, FBI dot gov,

0:16:28.880 --> 0:16:32.680
<v Speaker 4>the FBIS, Internet Crime Complaint Center IC three dot gov, Indigo,

0:16:32.760 --> 0:16:36.160
<v Speaker 4>Charlie number three dot gov. You know, they're replete with

0:16:36.280 --> 0:16:39.680
<v Speaker 4>examples of what to look out for, how to protect

0:16:39.720 --> 0:16:40.880
<v Speaker 4>yourself against this stuff.

0:16:40.920 --> 0:16:42.760
<v Speaker 3>But you know the first step is awareness.

0:16:43.120 --> 0:16:46.080
<v Speaker 4>Awareness that just because something looks legit doesn't mean that

0:16:46.160 --> 0:16:49.040
<v Speaker 4>it is. Awareness that it's easy for bad guys to

0:16:49.080 --> 0:16:52.840
<v Speaker 4>spoof things, right, to create complete goppelganger websites, to go

0:16:52.880 --> 0:16:56.360
<v Speaker 4>to like seven hundred wlw's website, copy the whole thing,

0:16:56.880 --> 0:17:00.680
<v Speaker 4>set it up on another server and maybe change the

0:17:00.800 --> 0:17:03.840
<v Speaker 4>zeros and seven hundred to the upper case letter O.

0:17:04.400 --> 0:17:08.800
<v Speaker 4>Is the average person going to notice that? Probably not so.

0:17:09.000 --> 0:17:11.040
<v Speaker 4>You know, once you have some awareness, then it's having.

0:17:10.840 --> 0:17:12.240
<v Speaker 3>A healthy dose of skepticism.

0:17:12.800 --> 0:17:16.159
<v Speaker 4>If you're suddenly asked to do something unusual, especially if

0:17:16.200 --> 0:17:19.480
<v Speaker 4>it's of a financial nature, you should stop, take a

0:17:19.520 --> 0:17:21.760
<v Speaker 4>breath and do what we nerds like to call go

0:17:21.880 --> 0:17:24.000
<v Speaker 4>out of band to verify it. You know, if it's

0:17:24.000 --> 0:17:26.719
<v Speaker 4>your bank, for example, like you mentioned the bank example before.

0:17:27.200 --> 0:17:29.240
<v Speaker 3>If you get I'll tell you a quick story.

0:17:29.000 --> 0:17:30.439
<v Speaker 4>And you'll see how this ties. And I'm sitting on

0:17:30.440 --> 0:17:33.560
<v Speaker 4>the couch with my wife. She gets a text claiming

0:17:33.640 --> 0:17:37.520
<v Speaker 4>from USAA, that's our bank, that there's fraud on our account. So,

0:17:37.760 --> 0:17:39.560
<v Speaker 4>you know, she looks at it. There's a number there

0:17:39.560 --> 0:17:42.160
<v Speaker 4>for her to call. She calls the number. I can

0:17:42.200 --> 0:17:44.879
<v Speaker 4>guarantee that call went to like a boiler room in

0:17:44.960 --> 0:17:47.280
<v Speaker 4>some third world country where they have a room full

0:17:47.320 --> 0:17:50.600
<v Speaker 4>of people con artists waiting to take that call. Okay,

0:17:51.160 --> 0:17:53.679
<v Speaker 4>she calls, all this fraud on your account, I'm going

0:17:53.720 --> 0:17:54.560
<v Speaker 4>to need this, that and the other.

0:17:54.560 --> 0:17:56.080
<v Speaker 3>And I'm listening to this, I'm like, this is a

0:17:56.160 --> 0:17:58.520
<v Speaker 3>scam hanger, you know.

0:17:58.720 --> 0:18:01.080
<v Speaker 4>So in a scenario like that, you know, we went,

0:18:01.200 --> 0:18:04.920
<v Speaker 4>we logged into our USA account using our normal procedure,

0:18:05.240 --> 0:18:07.720
<v Speaker 4>and of course there was no fraud. So it's it's

0:18:07.840 --> 0:18:11.000
<v Speaker 4>being skeptical. Your bank does not need your password, Your

0:18:11.040 --> 0:18:14.000
<v Speaker 4>bank does not need your bank account information. They already

0:18:14.040 --> 0:18:17.080
<v Speaker 4>know all that. They can reset your password. So when

0:18:17.119 --> 0:18:19.920
<v Speaker 4>you're being asked to do something unusual, when you're being

0:18:19.960 --> 0:18:21.960
<v Speaker 4>pressured at something like, oh, there's fraud on your account,

0:18:22.080 --> 0:18:24.640
<v Speaker 4>we need to transfer your money to a safe account,

0:18:24.880 --> 0:18:27.560
<v Speaker 4>you know, anything like that ninety nine point.

0:18:29.080 --> 0:18:30.040
<v Speaker 3>Repeating scam.

0:18:30.520 --> 0:18:34.000
<v Speaker 4>Stop hang up, and you then go log into your

0:18:34.000 --> 0:18:36.720
<v Speaker 4>bank using your app or your with the normal website

0:18:36.800 --> 0:18:39.440
<v Speaker 4>that you use, get out your bank statement, get out

0:18:39.480 --> 0:18:42.520
<v Speaker 4>your credit card. Call the number that's published on there.

0:18:43.040 --> 0:18:43.960
<v Speaker 4>Any number can be.

0:18:43.960 --> 0:18:46.439
<v Speaker 3>Spoofed, you know when you when you.

0:18:46.359 --> 0:18:48.639
<v Speaker 4>Call, you're going to get a human being on that

0:18:48.760 --> 0:18:50.520
<v Speaker 4>phone who is there to con you.

0:18:50.640 --> 0:18:52.199
<v Speaker 3>They will tell you any lie.

0:18:52.680 --> 0:18:55.240
<v Speaker 4>They may have information about you stolen from one of

0:18:55.280 --> 0:18:58.160
<v Speaker 4>these data breaches to make it seem more realistic, right,

0:18:58.280 --> 0:19:01.080
<v Speaker 4>so they'll know certain things that will give them a

0:19:01.160 --> 0:19:04.080
<v Speaker 4>sense of legitimacy and create a feeling that, you know,

0:19:04.119 --> 0:19:06.360
<v Speaker 4>they are an authority and you should do what they say.

0:19:06.880 --> 0:19:07.040
<v Speaker 3>You know.

0:19:07.160 --> 0:19:09.800
<v Speaker 4>Lookal law enforcement has reported on this sort of thing extensively.

0:19:09.800 --> 0:19:11.560
<v Speaker 4>Where you get a call from like the Hamlin County

0:19:11.560 --> 0:19:14.000
<v Speaker 4>Sheriff's office telling you to do X, Y or Z.

0:19:14.680 --> 0:19:17.280
<v Speaker 4>They've gone to the Hamlin County Sheriff's website, They've looked

0:19:17.359 --> 0:19:20.200
<v Speaker 4>up Deputy such and such as name. They'll say, i'm

0:19:20.240 --> 0:19:23.760
<v Speaker 4>this person again. These are not people sitting in their

0:19:23.760 --> 0:19:27.000
<v Speaker 4>mom's basement eating pizza and drinking mountain dew. You know

0:19:27.080 --> 0:19:31.000
<v Speaker 4>these are criminal con artists who will steal your money

0:19:31.040 --> 0:19:33.439
<v Speaker 4>if you make it easy for him. So again, it's stop,

0:19:33.600 --> 0:19:36.640
<v Speaker 4>take a breath, hang up. If it's important and it's real,

0:19:36.680 --> 0:19:39.000
<v Speaker 4>they'll call you back and go out of band and

0:19:39.119 --> 0:19:42.960
<v Speaker 4>verify on your own any especially if it's financial.

0:19:43.160 --> 0:19:44.000
<v Speaker 1>Yeah, exactly.

0:19:44.560 --> 0:19:48.600
<v Speaker 2>My guest is Dave Hatter, Dave Cincinnati's top cybersecurity pro.

0:19:48.680 --> 0:19:51.400
<v Speaker 2>I would say, in the region's top side, the security

0:19:51.840 --> 0:19:53.199
<v Speaker 2>pro will pick this up.

0:19:53.240 --> 0:19:53.720
<v Speaker 1>Coming up.

0:19:53.840 --> 0:20:05.399
<v Speaker 2>I'm Kevin Gordon, America struck in Network seven hundred WLW.

0:20:06.400 --> 0:20:08.800
<v Speaker 5>Here's your trucking forecast for the Try State and the

0:20:08.800 --> 0:20:10.720
<v Speaker 5>rest of the country and the Tri Sate. Over night,

0:20:10.800 --> 0:20:13.520
<v Speaker 5>cloudy sky is gradually becoming partly cloudy. Be low down

0:20:13.560 --> 0:20:16.479
<v Speaker 5>to twenty seven, mostly claudy early for your Thanksgiving Day,

0:20:16.520 --> 0:20:19.520
<v Speaker 5>then gradually becoming sunny. A high of thirty eight sunny Friday,

0:20:19.600 --> 0:20:22.200
<v Speaker 5>highs in the mid thirties, mostly claudy. Saturday, with the

0:20:22.240 --> 0:20:24.800
<v Speaker 5>chants of afternoon snow a high of thirty nine, chants

0:20:24.840 --> 0:20:28.120
<v Speaker 5>of early rained Sunday, otherwise cloudy a high of forty one.

0:20:28.400 --> 0:20:31.440
<v Speaker 5>Nationally heavy like effects snow expected downwind to the Great

0:20:31.480 --> 0:20:33.440
<v Speaker 5>Lakes region through the rest of the week and through

0:20:33.480 --> 0:20:36.760
<v Speaker 5>Thanksgiving Day. Blizzard like conditions seen along the south shore

0:20:36.880 --> 0:20:39.600
<v Speaker 5>of Lake Superior. Cold weather scene across the central and

0:20:39.640 --> 0:20:43.320
<v Speaker 5>eastern US. Meanwhile, in the Pacific Northwest, day storm system

0:20:43.359 --> 0:20:46.520
<v Speaker 5>bringing locally heavy rainfalls to the coastal ranges of western

0:20:46.640 --> 0:20:49.560
<v Speaker 5>Washington State and Oregon, with locally heavy snow fall across

0:20:49.600 --> 0:20:52.320
<v Speaker 5>the Cascades in Washington State and eventually moving into the

0:20:52.359 --> 0:20:56.879
<v Speaker 5>Northern Rockies and Northern High Plains through Friday.

0:21:01.160 --> 0:21:05.240
<v Speaker 2>I'm Kevin Gordon, America's truck in Network seven hundred WLW

0:21:05.400 --> 0:21:09.879
<v Speaker 2>continue our conversation with Dave Hatter, Cincinnati's top cybersecurity pro

0:21:09.960 --> 0:21:12.959
<v Speaker 2>and again, I think I keep emphasizing. I think he's

0:21:13.280 --> 0:21:15.199
<v Speaker 2>actually he's probably one of the best in the country.

0:21:15.240 --> 0:21:17.920
<v Speaker 2>I have not I've heard a lot of people talk

0:21:17.920 --> 0:21:20.360
<v Speaker 2>about these things, Dave in the past. I've heard them

0:21:20.400 --> 0:21:22.600
<v Speaker 2>on these national shows, and they don't have near the

0:21:22.640 --> 0:21:25.560
<v Speaker 2>amount of knowledge that you have. So again, thank you

0:21:25.680 --> 0:21:27.440
<v Speaker 2>spending time with us certainly appreciated.

0:21:28.440 --> 0:21:31.119
<v Speaker 3>Well, it's my pleasure and I appreciate the compliment. Kevin.

0:21:31.160 --> 0:21:31.600
<v Speaker 3>Thank you.

0:21:31.720 --> 0:21:34.240
<v Speaker 2>We have been taking and it is so we can't

0:21:34.280 --> 0:21:36.720
<v Speaker 2>emphasize enough, how easy this is. I think one of

0:21:36.800 --> 0:21:39.240
<v Speaker 2>the stories that you had put out, because you are

0:21:39.240 --> 0:21:42.679
<v Speaker 2>putting out regular emails and stuff in terms of some

0:21:42.720 --> 0:21:46.640
<v Speaker 2>of these scams that are going on. And you had

0:21:46.640 --> 0:21:51.000
<v Speaker 2>a story from this new or post about a guy

0:21:51.200 --> 0:21:54.480
<v Speaker 2>who had gotten one of these phone calls and he

0:21:54.600 --> 0:21:57.000
<v Speaker 2>has to be switched and he started talking. It seemed

0:21:57.040 --> 0:21:59.720
<v Speaker 2>like he'd talked about four or five different people and

0:21:59.840 --> 0:22:03.840
<v Speaker 2>was tricked into giving them whatever information that they could drain.

0:22:03.760 --> 0:22:04.520
<v Speaker 1>His bank account.

0:22:05.240 --> 0:22:08.040
<v Speaker 2>And you know, the simple thing that I think you've

0:22:08.040 --> 0:22:11.040
<v Speaker 2>talked about before is that the simple thing you can

0:22:11.080 --> 0:22:13.040
<v Speaker 2>do is that if you get a phone call like this,

0:22:13.680 --> 0:22:17.879
<v Speaker 2>go to your page, go to your account, see if

0:22:17.920 --> 0:22:21.200
<v Speaker 2>there's been anything going on with that. And you've got

0:22:21.200 --> 0:22:23.479
<v Speaker 2>the phone number on the back of your card, your

0:22:23.520 --> 0:22:24.600
<v Speaker 2>credit card or whatever.

0:22:25.040 --> 0:22:26.919
<v Speaker 1>You can check it that way as well.

0:22:27.040 --> 0:22:29.639
<v Speaker 2>I mean, hang up the phone from the person and

0:22:29.680 --> 0:22:32.479
<v Speaker 2>then call the bank legitimately to find out if this

0:22:32.560 --> 0:22:36.639
<v Speaker 2>is a is a scam or not. And nine times

0:22:36.640 --> 0:22:40.879
<v Speaker 2>out of ten, as you said, ninety nine percent of

0:22:40.920 --> 0:22:43.760
<v Speaker 2>the time it is a scam. And those are very simple,

0:22:43.800 --> 0:22:47.120
<v Speaker 2>easy tips that people don't follow but are extremely important.

0:22:47.320 --> 0:22:48.000
<v Speaker 3>Yes they are.

0:22:48.119 --> 0:22:51.040
<v Speaker 4>And again and just such a healthy dose of skepticism

0:22:51.240 --> 0:22:53.760
<v Speaker 4>will make you way ahead of the pack. And these

0:22:53.840 --> 0:22:57.080
<v Speaker 4>says when you understand that, And again, Kevin, do you

0:22:57.080 --> 0:22:58.720
<v Speaker 4>don't have to take my word for it. Go see

0:22:58.720 --> 0:23:01.440
<v Speaker 4>what the FBI says about Go see what DHS says

0:23:01.880 --> 0:23:06.480
<v Speaker 4>SIS of the Cybersecurity Infrastructure Security Agency, Microsoft Google, They'll

0:23:06.520 --> 0:23:08.800
<v Speaker 4>all basically tell you the same types of things you

0:23:08.840 --> 0:23:10.560
<v Speaker 4>know when you look at like the top five things

0:23:10.560 --> 0:23:13.320
<v Speaker 4>you can do to protect yourself. Education and awareness about

0:23:13.320 --> 0:23:15.600
<v Speaker 4>what's going on out there, which, by the way, there

0:23:15.600 --> 0:23:18.480
<v Speaker 4>are lots of free sites. Internet Crime Complaints Center from

0:23:18.480 --> 0:23:20.680
<v Speaker 4>the FBI, IC three dot gov is a good one,

0:23:21.160 --> 0:23:23.440
<v Speaker 4>as well as tips from Microsoft, Google.

0:23:23.119 --> 0:23:25.800
<v Speaker 3>And plenty of people out there who will give you.

0:23:25.800 --> 0:23:30.440
<v Speaker 4>Free advice on this education, awareness, skepticism. It's so easy

0:23:30.480 --> 0:23:32.400
<v Speaker 4>to create something that looks legitimate.

0:23:32.960 --> 0:23:35.440
<v Speaker 3>It's so trivially easy. And I get if you.

0:23:35.359 --> 0:23:37.520
<v Speaker 4>Don't work in tech, if you're not familiar with how

0:23:37.560 --> 0:23:41.240
<v Speaker 4>these things work, it seems probably far fetched that someone

0:23:41.240 --> 0:23:43.440
<v Speaker 4>could send an email that looks like it came from you.

0:23:43.920 --> 0:23:46.119
<v Speaker 4>But this is really really easy to do, or to

0:23:46.119 --> 0:23:47.879
<v Speaker 4>make a phone call that comes from any numbers. So

0:23:47.920 --> 0:23:52.680
<v Speaker 4>if you're aware how easy the spoofing angle is, then it's.

0:23:52.520 --> 0:23:54.600
<v Speaker 3>Easy to be more skeptical. You know, one piece of.

0:23:54.560 --> 0:23:56.920
<v Speaker 4>Advice I give to people all the time is if

0:23:56.920 --> 0:23:59.119
<v Speaker 4>you get call from a number you don't recognize, do

0:23:59.240 --> 0:24:02.560
<v Speaker 4>not answer the phone. If it's important, they'll leave a message,

0:24:02.680 --> 0:24:03.400
<v Speaker 4>or they'll call you.

0:24:03.359 --> 0:24:07.760
<v Speaker 3>Back right again, because it's easier, number.

0:24:08.040 --> 0:24:11.080
<v Speaker 2>Dave had or we are so geared to answering our

0:24:11.200 --> 0:24:15.000
<v Speaker 2>phone because generally, you know, and a lot of times

0:24:15.000 --> 0:24:17.600
<v Speaker 2>what this happens is is that if you have been

0:24:17.800 --> 0:24:19.760
<v Speaker 2>making a lot of phone calls like I do, to

0:24:19.800 --> 0:24:22.280
<v Speaker 2>try to get up guests or something along those lines,

0:24:22.400 --> 0:24:24.560
<v Speaker 2>or you're making these phone calls, and if you happen

0:24:24.600 --> 0:24:28.679
<v Speaker 2>to get a phone number from that area code that

0:24:28.720 --> 0:24:31.840
<v Speaker 2>you've been calling, that makes it even more difficult. But again,

0:24:31.920 --> 0:24:34.000
<v Speaker 2>if you don't recognize the phone number, it's a very

0:24:34.040 --> 0:24:37.000
<v Speaker 2>good idea not to answer the phone. And as you say,

0:24:37.080 --> 0:24:40.560
<v Speaker 2>if they do not, if it's important, they'll leave a message.

0:24:40.640 --> 0:24:42.520
<v Speaker 1>So that can't be emphasized enough.

0:24:43.040 --> 0:24:45.280
<v Speaker 4>And I just want to point out again, Kevin, you know, Stephen,

0:24:45.359 --> 0:24:48.240
<v Speaker 4>an area code, I could be in India or anywhere

0:24:48.240 --> 0:24:50.320
<v Speaker 4>in the world and make a phone call to your

0:24:50.359 --> 0:24:52.440
<v Speaker 4>phone that looks like it came from five hund three

0:24:52.480 --> 0:24:53.600
<v Speaker 4>area or anywhere I.

0:24:53.560 --> 0:24:53.960
<v Speaker 3>Wanted to do.

0:24:55.080 --> 0:24:58.000
<v Speaker 4>If I managed to find a data breach that has

0:24:58.160 --> 0:25:00.480
<v Speaker 4>information that tells me you bank with a certain bank,

0:25:00.960 --> 0:25:03.200
<v Speaker 4>I can go to their website, look up that phone

0:25:03.280 --> 0:25:06.240
<v Speaker 4>number off their website, and make a call or send

0:25:06.240 --> 0:25:08.000
<v Speaker 4>a text to you that appears.

0:25:07.640 --> 0:25:08.840
<v Speaker 3>To have come from that number.

0:25:09.000 --> 0:25:12.360
<v Speaker 4>So if it's if it's well done spoofing, that makes

0:25:12.400 --> 0:25:14.480
<v Speaker 4>it even more difficult, because I'm saying, don't answer a

0:25:14.480 --> 0:25:17.239
<v Speaker 4>call from whenever you don't recognize, but understand, even if

0:25:17.280 --> 0:25:20.000
<v Speaker 4>you recognize the number, that does not tell you that

0:25:20.080 --> 0:25:22.880
<v Speaker 4>it is coming from that legitimate number. Now there's there's

0:25:22.880 --> 0:25:25.320
<v Speaker 4>some steps in place to hopefully knock some of this

0:25:25.359 --> 0:25:28.280
<v Speaker 4>stuff down. But you know, this spoofing problem has been

0:25:28.280 --> 0:25:30.439
<v Speaker 4>a problem for a long time, and it's one of

0:25:30.440 --> 0:25:33.080
<v Speaker 4>the reasons why these bad guys, who are in many

0:25:33.119 --> 0:25:36.560
<v Speaker 4>cases professional con artists who are reaching you through technology,

0:25:36.640 --> 0:25:41.320
<v Speaker 4>social media, email, text, voice, etc. Are successful because the

0:25:41.359 --> 0:25:44.200
<v Speaker 4>average person doesn't realize how easy it is to spoof something.

0:25:44.240 --> 0:25:47.840
<v Speaker 4>And now, thanks to AI, you know to create perfect

0:25:47.920 --> 0:25:51.320
<v Speaker 4>English pros that doesn't have the bad grammar, bad spelling,

0:25:51.400 --> 0:25:53.960
<v Speaker 4>bad punctuation, all the weird things that in the old

0:25:54.000 --> 0:25:56.680
<v Speaker 4>days would be flags. And I'll take it a step further, Kevin,

0:25:56.720 --> 0:25:59.200
<v Speaker 4>because this is something people really need to understand.

0:26:00.080 --> 0:26:03.640
<v Speaker 3>Fake voice cloning is a real thing. It is entirely possible,

0:26:03.640 --> 0:26:04.600
<v Speaker 3>and I have actually.

0:26:04.400 --> 0:26:08.520
<v Speaker 4>Demonstrated it in interviews on TV where you can close

0:26:08.560 --> 0:26:12.360
<v Speaker 4>someone's voice. Just recently did an interview with Steve Levine

0:26:12.359 --> 0:26:15.679
<v Speaker 4>from ABC six up in Columbus where we called his

0:26:15.840 --> 0:26:18.280
<v Speaker 4>phone because people sitting me, well, Kevin, I'm not a celebrity,

0:26:18.280 --> 0:26:20.119
<v Speaker 4>I'm not on the radio. How would you get my

0:26:20.200 --> 0:26:22.680
<v Speaker 4>voice if I call your phone? Do you have a

0:26:22.760 --> 0:26:25.639
<v Speaker 4>voicemail greeting? Because if you do, I can be you

0:26:25.720 --> 0:26:27.760
<v Speaker 4>in less than fifteen minutes using a free tool. And

0:26:27.760 --> 0:26:30.080
<v Speaker 4>Steve and I demonstrated that we called his voice, you

0:26:30.160 --> 0:26:33.760
<v Speaker 4>call his phone, got his voicemail, we recorded it, and

0:26:33.800 --> 0:26:36.639
<v Speaker 4>then we fed that into a deep fake voice cloning tool.

0:26:36.960 --> 0:26:39.600
<v Speaker 4>And you can watch in the interview me typing on

0:26:39.600 --> 0:26:41.960
<v Speaker 4>my keyboarding, hitting the button and Steve's voice coming out

0:26:41.960 --> 0:26:46.239
<v Speaker 4>of my speakers. So it's it's a real thing. And

0:26:46.280 --> 0:26:49.040
<v Speaker 4>so you know, as a family, it's a good idea

0:26:49.080 --> 0:26:50.560
<v Speaker 4>to have some sort of secret phrase.

0:26:50.600 --> 0:26:52.720
<v Speaker 3>So when you get a call three o'clock in the morning.

0:26:52.480 --> 0:26:55.960
<v Speaker 4>Telling you, hey, this is you know, this is little Jimmy, Dad,

0:26:56.000 --> 0:26:57.920
<v Speaker 4>I'm in jail. I need you to get gift cards

0:26:58.160 --> 0:27:00.840
<v Speaker 4>or whatever sort of scam they run on you. You know,

0:27:00.960 --> 0:27:03.560
<v Speaker 4>they got little Jimmy's voice out the social media or

0:27:03.560 --> 0:27:05.639
<v Speaker 4>office phone or wherever else.

0:27:06.200 --> 0:27:06.399
<v Speaker 3>You know.

0:27:06.640 --> 0:27:09.680
<v Speaker 4>A again, awareness that if you get a call like that,

0:27:09.800 --> 0:27:12.960
<v Speaker 4>and a strong red flag for voice cloning is there's

0:27:13.000 --> 0:27:16.520
<v Speaker 4>a long pause between what you say and a response,

0:27:16.880 --> 0:27:20.879
<v Speaker 4>and that's exactly typing what they want the computer to

0:27:20.880 --> 0:27:21.959
<v Speaker 4>say exactly so.

0:27:22.080 --> 0:27:22.680
<v Speaker 3>But it's real.

0:27:22.880 --> 0:27:27.160
<v Speaker 4>It's absolutely real, Kevin, and again, awareness skepticism, stop, take

0:27:27.200 --> 0:27:29.400
<v Speaker 4>a breath, and then go out of band. If I'm

0:27:29.400 --> 0:27:31.920
<v Speaker 4>going to kind of shriff calls and says, hey, little

0:27:32.000 --> 0:27:35.040
<v Speaker 4>Jimmy's in jail. Here's little Jimmy. You know, hang up

0:27:35.080 --> 0:27:37.520
<v Speaker 4>and call them back. Hang up and call them back

0:27:37.720 --> 0:27:39.000
<v Speaker 4>on the number that you can.

0:27:39.000 --> 0:27:41.160
<v Speaker 1>Verify, you know, exactly now.

0:27:41.800 --> 0:27:45.640
<v Speaker 2>And pointing this more towards the trucking industry again, it's

0:27:45.680 --> 0:27:49.199
<v Speaker 2>important because of the fact that these companies can clone.

0:27:49.200 --> 0:27:53.280
<v Speaker 2>These companies pan clone an invoice and show up to pick.

0:27:53.160 --> 0:27:57.160
<v Speaker 1>Up a load. The verification process needs to be put

0:27:57.200 --> 0:27:57.639
<v Speaker 1>in place.

0:27:57.720 --> 0:28:00.680
<v Speaker 2>You know a little bit of human technology in terms

0:28:00.720 --> 0:28:03.480
<v Speaker 2>of even the cyber technology to find out that this

0:28:03.600 --> 0:28:07.119
<v Speaker 2>is being done. They talk about how the double brokering,

0:28:07.960 --> 0:28:12.240
<v Speaker 2>the fact that some of these companies are talking about

0:28:12.280 --> 0:28:15.680
<v Speaker 2>how first the thieves will steal a business identity, They

0:28:15.720 --> 0:28:20.159
<v Speaker 2>trick shippers into handing over entire container loads simply because

0:28:20.200 --> 0:28:22.919
<v Speaker 2>they can type up a manifest and come up and

0:28:22.920 --> 0:28:25.960
<v Speaker 2>pick that up. And then sometimes they will broker that

0:28:26.119 --> 0:28:29.760
<v Speaker 2>out to a legitimate company or a legitimate trucker that

0:28:29.920 --> 0:28:32.879
<v Speaker 2>is unaware that this is not a legitimate broker that

0:28:32.920 --> 0:28:35.439
<v Speaker 2>they're dealing with. They'll pick up the load and deliver it,

0:28:35.840 --> 0:28:38.240
<v Speaker 2>and then of course the money is stolen or the

0:28:38.360 --> 0:28:40.680
<v Speaker 2>load is stolen, they don't get paid for it. The

0:28:40.720 --> 0:28:44.760
<v Speaker 2>product has been stolen, which again it's necessary to verify

0:28:44.840 --> 0:28:48.000
<v Speaker 2>these things. Make sure that you're dealing with the proper company,

0:28:48.320 --> 0:28:51.640
<v Speaker 2>that it's a company you know you can verify, call

0:28:51.720 --> 0:28:55.120
<v Speaker 2>their phone number, and so on. And what's even more

0:28:55.160 --> 0:28:57.120
<v Speaker 2>amazing is that as I was reading through some of

0:28:57.160 --> 0:29:00.200
<v Speaker 2>these stories, they were talking about in terms of hey,

0:29:00.320 --> 0:29:04.120
<v Speaker 2>you know, put a lock on your truck, make sure

0:29:04.160 --> 0:29:07.120
<v Speaker 2>that you control the access in and out of your warehouse,

0:29:07.200 --> 0:29:09.520
<v Speaker 2>that somebody just can't have you know, people just can't

0:29:09.520 --> 0:29:12.080
<v Speaker 2>in walk in off the street. Make sure that there's

0:29:12.120 --> 0:29:14.640
<v Speaker 2>security codes on the building that people are picking up,

0:29:15.080 --> 0:29:18.240
<v Speaker 2>just minor types of things that would cut a lot

0:29:18.240 --> 0:29:20.760
<v Speaker 2>of this theft down completely.

0:29:21.000 --> 0:29:24.880
<v Speaker 1>Now. Is it too expensive now?

0:29:25.040 --> 0:29:28.480
<v Speaker 2>Or is it the technology getting better to where somebody

0:29:28.520 --> 0:29:31.280
<v Speaker 2>could actually because I don't know if you saw the

0:29:31.400 --> 0:29:35.120
<v Speaker 2>article about Guy Fieri. Guy Fieri has he had a

0:29:35.120 --> 0:29:38.200
<v Speaker 2>shipment of tequila that was stolen, about a million dollars

0:29:38.240 --> 0:29:40.880
<v Speaker 2>worth of that, and it was a kind of a

0:29:40.920 --> 0:29:44.680
<v Speaker 2>clever scam. They actually broke in the job to another firm,

0:29:44.720 --> 0:29:47.520
<v Speaker 2>which turned out to be fictitious. The imposter carrier carried

0:29:47.560 --> 0:29:51.280
<v Speaker 2>forged documents, phony email accounts, and fake phone numbers. But

0:29:51.400 --> 0:29:53.880
<v Speaker 2>then when the thieves took off, they were trying to

0:29:53.920 --> 0:29:56.480
<v Speaker 2>track this over the period and they were able to

0:29:56.480 --> 0:29:59.040
<v Speaker 2>fake the GPS and stuff. Is it getting to a

0:29:59.080 --> 0:30:02.000
<v Speaker 2>point now where you can actually put it like a

0:30:02.120 --> 0:30:05.760
<v Speaker 2>tracker on some of these the loads, so that you

0:30:05.920 --> 0:30:09.360
<v Speaker 2>know exactly where it is as opposed to just all right,

0:30:09.680 --> 0:30:12.120
<v Speaker 2>it's supposed to go to Phoenix, and yeah.

0:30:11.840 --> 0:30:13.880
<v Speaker 4>You could, you could, I mean think about something like

0:30:13.920 --> 0:30:16.480
<v Speaker 4>an Apple air tag, right, I mean, that's a relative

0:30:16.680 --> 0:30:20.120
<v Speaker 4>compared to a million dollar loss buying a bunch of

0:30:20.160 --> 0:30:22.920
<v Speaker 4>Apple air tags or other more industrial type devices that

0:30:22.960 --> 0:30:25.400
<v Speaker 4>you could affix to a palette or something to do

0:30:25.520 --> 0:30:26.440
<v Speaker 4>some additional tracking.

0:30:26.480 --> 0:30:27.600
<v Speaker 3>Yeah, I mean, that's.

0:30:27.360 --> 0:30:29.800
<v Speaker 4>All well within the realm of possibility. And my guess

0:30:29.880 --> 0:30:32.640
<v Speaker 4>is because of these sort of the fs, you'll see

0:30:32.920 --> 0:30:34.240
<v Speaker 4>more of that type of thing.

0:30:34.280 --> 0:30:35.680
<v Speaker 3>And I know with that the Guy.

0:30:35.520 --> 0:30:39.040
<v Speaker 4>Fierti tequila story, like this stuff, and then the whiskey

0:30:39.080 --> 0:30:41.080
<v Speaker 4>stories something like it's I think it'll be hard for

0:30:41.160 --> 0:30:43.720
<v Speaker 4>them to unload that because it's high profile.

0:30:44.320 --> 0:30:45.520
<v Speaker 3>But it just goes to show you.

0:30:45.520 --> 0:30:47.760
<v Speaker 4>You know, if you're a criminal and you could set

0:30:47.800 --> 0:30:50.600
<v Speaker 4>up a shell company and create a fake website and

0:30:50.640 --> 0:30:53.400
<v Speaker 4>fake email addresses and fake phone numbers, all of which

0:30:53.400 --> 0:30:57.280
<v Speaker 4>are very trivially easy to do, and you could steal

0:30:57.320 --> 0:30:58.120
<v Speaker 4>a million dollars.

0:30:58.440 --> 0:31:00.480
<v Speaker 3>And let's let's see it took you a way, Kevin.

0:31:00.560 --> 0:31:02.280
<v Speaker 4>Let's say he took a week of setting out the

0:31:02.320 --> 0:31:05.640
<v Speaker 4>stuff right and creating the fake emails and all that stuff.

0:31:05.880 --> 0:31:07.560
<v Speaker 4>And you know, if you could make a million dollars

0:31:07.600 --> 0:31:09.480
<v Speaker 4>a week in theft, you'd be doing pretty good, you know,

0:31:09.560 --> 0:31:13.040
<v Speaker 4>I'd I'd say so, Yeah, by my math, at three

0:31:13.120 --> 0:31:15.480
<v Speaker 4>hundred and sixty five or fifty two weeks a year,

0:31:15.520 --> 0:31:16.840
<v Speaker 4>that's fifty two million.

0:31:16.600 --> 0:31:18.320
<v Speaker 3>Dollars a year. You're you're doing pretty good.

0:31:18.480 --> 0:31:20.280
<v Speaker 1>Not a bad payday, Dave.

0:31:20.560 --> 0:31:22.680
<v Speaker 2>I think that's all I can say is I am

0:31:22.720 --> 0:31:24.640
<v Speaker 2>sure glad that you're on the right side of the

0:31:24.720 --> 0:31:26.800
<v Speaker 2>law and not the wrong side of the law, because

0:31:26.880 --> 0:31:29.240
<v Speaker 2>I think you could probably come up with a pretty

0:31:29.320 --> 0:31:32.080
<v Speaker 2>couple of pretty good schemes in order to scam some

0:31:32.160 --> 0:31:33.440
<v Speaker 2>people big time.

0:31:33.840 --> 0:31:37.880
<v Speaker 4>So well, I'm out here trying to help people prevent

0:31:37.920 --> 0:31:40.600
<v Speaker 4>these sort of things and protect themselves because it's become

0:31:41.000 --> 0:31:44.600
<v Speaker 4>as we become increasingly reliant on this digital technology, there

0:31:44.680 --> 0:31:47.640
<v Speaker 4>is just an ever increasing number of opportunities for the

0:31:47.680 --> 0:31:51.080
<v Speaker 4>bad guys to scam you, and you just youve got

0:31:51.080 --> 0:31:54.760
<v Speaker 4>to be skeptical and move cautiously exactly.

0:31:55.040 --> 0:31:56.880
<v Speaker 2>Well, Dave Hatter, it's been a pleasure we got to

0:31:56.880 --> 0:31:59.720
<v Speaker 2>have you on again, because this is there's always just

0:31:59.760 --> 0:32:02.280
<v Speaker 2>way too much information to get in a couple of

0:32:02.280 --> 0:32:04.880
<v Speaker 2>segments because of all the things going on out there.

0:32:04.920 --> 0:32:07.480
<v Speaker 2>I certainly appreciate your time. Hope you and your family

0:32:07.520 --> 0:32:09.680
<v Speaker 2>have a happy Thanksgiving and enjoyable time.

0:32:10.720 --> 0:32:12.600
<v Speaker 4>Well, thanks for having me on, Kevin, I'm happy to

0:32:12.640 --> 0:32:14.400
<v Speaker 4>come on anytime and they I hope you and your

0:32:14.440 --> 0:32:16.480
<v Speaker 4>family and all your listeners have a happy Thanksgiving too.

0:32:16.680 --> 0:32:22.000
<v Speaker 2>Absolutely, Kevin Gordon, my guest Dave Hadter, Cincinnati's top cybersecurity

0:32:22.040 --> 0:32:26.800
<v Speaker 2>pro I'm Kevin Gordon. America's struck a Network seven hundred WLW.

0:32:29.480 --> 0:32:33.719
<v Speaker 2>This is america'struck a Network seven one hundred WLW.

0:32:34.200 --> 0:32:35.200
<v Speaker 1>Doobless claims.

0:32:35.360 --> 0:32:40.760
<v Speaker 2>We've got some interesting economic data here actually yesterday, going

0:32:40.800 --> 0:32:43.360
<v Speaker 2>into the holiday season. Usually some of these numbers aren't

0:32:43.360 --> 0:32:45.440
<v Speaker 2>supposed to come out until Thursday, but they came out

0:32:45.440 --> 0:32:49.960
<v Speaker 2>a day early because of the Thanksgiving holiday today, and

0:32:50.000 --> 0:32:54.840
<v Speaker 2>so well they're just published early. Our jobless claims drop

0:32:55.160 --> 0:32:58.760
<v Speaker 2>to the lowest level since April. A US initial job

0:32:58.840 --> 0:33:01.360
<v Speaker 2>is claims fell by six one thousand to two hundred

0:33:01.400 --> 0:33:04.760
<v Speaker 2>and sixteen thousand for the week, and in November twenty second,

0:33:05.240 --> 0:33:09.840
<v Speaker 2>the lowest level since April. All this stuff that we

0:33:09.960 --> 0:33:13.719
<v Speaker 2>keep hearing about the economy that jobs are you know,

0:33:14.360 --> 0:33:17.160
<v Speaker 2>the job market is not as strong as it should

0:33:17.240 --> 0:33:20.120
<v Speaker 2>be the fact that there are very few companies or

0:33:20.240 --> 0:33:23.000
<v Speaker 2>very few layoffs is indicating in these jobs.

0:33:23.040 --> 0:33:26.800
<v Speaker 1>The lowest level of layoffs or.

0:33:26.880 --> 0:33:33.600
<v Speaker 2>Unemployment initial jobless claims since mid April. That is absolutely phenomenal.

0:33:33.800 --> 0:33:36.880
<v Speaker 2>At two hundred and sixteen thousand. The prediction had been

0:33:36.920 --> 0:33:38.600
<v Speaker 2>that there were going to be two hundred and twenty

0:33:38.640 --> 0:33:42.640
<v Speaker 2>five thousand jobless claims for that particular week, which meant

0:33:42.680 --> 0:33:45.280
<v Speaker 2>that the so called experts that predicted this were off

0:33:45.320 --> 0:33:48.120
<v Speaker 2>by four percent. Now four percent isn't a lot, but

0:33:48.200 --> 0:33:51.720
<v Speaker 2>it's still when you're talking about individual jobless claims as

0:33:51.720 --> 0:33:54.840
<v Speaker 2>far as where those numbers go. Now, we have talked

0:33:54.840 --> 0:33:57.680
<v Speaker 2>about on this program how these jobless claims have been

0:33:57.840 --> 0:33:59.920
<v Speaker 2>in that range and where people are saying it the

0:34:00.080 --> 0:34:02.480
<v Speaker 2>low end of that range around two hundred and ten

0:34:02.560 --> 0:34:06.680
<v Speaker 2>thousand up to two hundred and fifty thousand. But within

0:34:06.760 --> 0:34:09.799
<v Speaker 2>that range is where these job with claims have been

0:34:09.880 --> 0:34:12.880
<v Speaker 2>for a number of months and even I think almost

0:34:12.920 --> 0:34:17.520
<v Speaker 2>a year now. So nothing Again, we're back to what

0:34:17.600 --> 0:34:21.320
<v Speaker 2>we've talked about numerous times on this program that companies

0:34:21.320 --> 0:34:25.120
<v Speaker 2>are in a no hire, no fire situation where they

0:34:25.120 --> 0:34:28.360
<v Speaker 2>want to hold on to their employees, thinking or hoping

0:34:28.760 --> 0:34:31.560
<v Speaker 2>that things will bounce back or things that are coming

0:34:31.840 --> 0:34:35.680
<v Speaker 2>will peak and things will grow. And I keep saying

0:34:35.880 --> 0:34:39.440
<v Speaker 2>that the thing that it's In my opinion, the thing

0:34:39.520 --> 0:34:43.240
<v Speaker 2>that's holding back our economy are the high interest rates.

0:34:43.600 --> 0:34:48.680
<v Speaker 2>People are reluctant to buy new equipment, expand their business,

0:34:49.040 --> 0:34:52.480
<v Speaker 2>buy a new piece of machinery or something along those lines,

0:34:52.800 --> 0:34:57.240
<v Speaker 2>because they're unsure as to well as far as interest

0:34:57.320 --> 0:34:59.359
<v Speaker 2>rates are concerned. They're looking at the cost of that

0:35:00.000 --> 0:35:02.360
<v Speaker 2>saying that my return on investment isn't going to be

0:35:02.400 --> 0:35:04.880
<v Speaker 2>what I think it's going to be, and so therefore

0:35:04.920 --> 0:35:07.879
<v Speaker 2>I'm going to hold off, hoping that the interest rates

0:35:07.920 --> 0:35:11.680
<v Speaker 2>come down, hope that things change, or if business picks

0:35:11.719 --> 0:35:15.520
<v Speaker 2>up tremendously more than what it's been doing, then maybe

0:35:15.520 --> 0:35:17.320
<v Speaker 2>I just got to bite the bullet and go ahead

0:35:17.520 --> 0:35:20.480
<v Speaker 2>and expand the business. But these are the kinds of

0:35:20.520 --> 0:35:23.600
<v Speaker 2>things that businesses are paying attention to and figuring out

0:35:23.600 --> 0:35:26.600
<v Speaker 2>whether or not what they should do. Now they're talking

0:35:26.640 --> 0:35:30.280
<v Speaker 2>about here in terms of again that the figures employers

0:35:30.320 --> 0:35:34.080
<v Speaker 2>are still largely retaining current employees. They pulled back on

0:35:34.200 --> 0:35:36.960
<v Speaker 2>bringing on new hires, though they have been increasing the

0:35:37.040 --> 0:35:40.279
<v Speaker 2>number of job cut announcements. By lord, we have seen

0:35:40.320 --> 0:35:44.120
<v Speaker 2>these job cut announcements. However, they haven't taken effect yet.

0:35:44.360 --> 0:35:48.640
<v Speaker 2>And you know, they can announce these job cuts like

0:35:48.800 --> 0:35:53.120
<v Speaker 2>Amazon have been making comments that they're going to be

0:35:53.200 --> 0:35:55.399
<v Speaker 2>laying off a lot of their workforce, which is kind

0:35:55.440 --> 0:35:58.160
<v Speaker 2>of interesting because all of the jobs that we have

0:35:58.239 --> 0:36:01.560
<v Speaker 2>been seeing, or they've been talking about tech jobs, well,

0:36:01.600 --> 0:36:05.319
<v Speaker 2>AI apparently is coming in and replacing some of the

0:36:05.320 --> 0:36:07.880
<v Speaker 2>people that are in these tech jobs, and they're looking

0:36:07.920 --> 0:36:09.680
<v Speaker 2>around and saying, well, gee whiz, I don't think we

0:36:09.719 --> 0:36:12.319
<v Speaker 2>need this many people, but it'll be interesting to see

0:36:12.360 --> 0:36:14.800
<v Speaker 2>because you know, I've been seeing a lot of stuff

0:36:14.840 --> 0:36:18.560
<v Speaker 2>as far as AI where people are starting to think

0:36:18.600 --> 0:36:22.319
<v Speaker 2>that this isn't the you know, this isn't quite as

0:36:22.360 --> 0:36:25.160
<v Speaker 2>ready for prime time as everybody would like to think.

0:36:25.360 --> 0:36:30.080
<v Speaker 2>There are still some hitches in that and not quite

0:36:30.360 --> 0:36:33.759
<v Speaker 2>completely trustworthy at this point, I guess, is what I'm

0:36:33.760 --> 0:36:37.440
<v Speaker 2>trying to say. Because again, it's a matter of somebody

0:36:37.560 --> 0:36:41.799
<v Speaker 2>is inputting these algorithms, somebody is developing these algorithms, and

0:36:41.960 --> 0:36:45.800
<v Speaker 2>if there's a miss, if there's something that's not done properly,

0:36:46.120 --> 0:36:49.000
<v Speaker 2>you're going to get a situation of garbage in, garbage out.

0:36:49.080 --> 0:36:53.480
<v Speaker 2>And so this rush to try to lower your number

0:36:53.480 --> 0:36:57.319
<v Speaker 2>of employees because of AI may wind up backfiring in

0:36:57.360 --> 0:37:00.279
<v Speaker 2>the end. So it's interesting that in the fact that

0:37:00.640 --> 0:37:04.000
<v Speaker 2>the headline, you know, one one headline said jobless claims

0:37:04.080 --> 0:37:08.080
<v Speaker 2>dropped to lowest level since April. Another jobless claims claims

0:37:08.120 --> 0:37:11.799
<v Speaker 2>that's seven month low, as layoffs remained low. Basically, it's

0:37:11.960 --> 0:37:14.960
<v Speaker 2>it's good news that they can't hide from they, you know,

0:37:15.080 --> 0:37:17.560
<v Speaker 2>when you're talking about a seven month low, that the

0:37:17.760 --> 0:37:22.839
<v Speaker 2>jobless the jobless claims unexpectedly fell last week. How many

0:37:22.960 --> 0:37:26.799
<v Speaker 2>times over the year have we heard unexpectedly to the

0:37:26.800 --> 0:37:32.760
<v Speaker 2>good side, retail sales unexpectedly high, home sales unexpectedly high,

0:37:33.239 --> 0:37:36.760
<v Speaker 2>unemployment unexpectedly low, all this sort of stuff.

0:37:37.040 --> 0:37:38.600
<v Speaker 1>It's just amazing that.

0:37:38.600 --> 0:37:40.960
<v Speaker 2>The so called experts are calling for certain things in

0:37:41.000 --> 0:37:44.520
<v Speaker 2>the economy that just aren't flat out happening. Another bit

0:37:44.560 --> 0:37:49.239
<v Speaker 2>of good news, capital goods have been reported. Although businesses

0:37:49.280 --> 0:37:54.120
<v Speaker 2>are reluctant to boost hiring, they are spending more on equipment,

0:37:54.560 --> 0:37:58.200
<v Speaker 2>underpinning the economy. A separate report from the Commerce Department

0:37:58.280 --> 0:38:05.040
<v Speaker 2>Census Bureau showed non defens capital goods orders excluding aircraft,

0:38:05.400 --> 0:38:10.200
<v Speaker 2>a closely watched proxy for business spending, jumped point nine

0:38:10.320 --> 0:38:14.840
<v Speaker 2>percent in September after an upwardly revised point nine percent

0:38:15.040 --> 0:38:16.440
<v Speaker 2>increase in August.

0:38:16.600 --> 0:38:17.800
<v Speaker 1>So back to back.

0:38:17.880 --> 0:38:21.920
<v Speaker 2>Months where usually we saw a point nine percent increase.

0:38:22.719 --> 0:38:25.680
<v Speaker 1>Now that may not seem like a nuts a lot.

0:38:25.760 --> 0:38:29.040
<v Speaker 2>But economists head forecast the so called core capital goods

0:38:29.160 --> 0:38:33.960
<v Speaker 2>orders rise point two percent. So they missed that by

0:38:35.360 --> 0:38:37.960
<v Speaker 2>what is that number? Probably I think something like, oh,

0:38:38.000 --> 0:38:41.839
<v Speaker 2>it's about three hundred, three hundred and fifty percent. They

0:38:41.880 --> 0:38:46.000
<v Speaker 2>blew that estimate. They expected a point two percent and

0:38:46.080 --> 0:38:52.120
<v Speaker 2>it came in at point nine percent unexpected again, unexpectedly high. Economists,

0:38:52.200 --> 0:38:55.040
<v Speaker 2>like I said, head forecast to these capital goods orders rising.

0:38:55.640 --> 0:38:59.480
<v Speaker 2>There were strong increases in orders for computers, electronic products,

0:38:59.640 --> 0:39:04.480
<v Speaker 2>electrical equipment, appliances and components, as well as transportation equipment

0:39:04.680 --> 0:39:09.800
<v Speaker 2>and primary metals, but orders for machinery barely rows. Again,

0:39:10.200 --> 0:39:15.640
<v Speaker 2>people that are in the manufacturing industry that as far

0:39:15.680 --> 0:39:20.000
<v Speaker 2>as machinery to build and to manufacture stuff, they are

0:39:20.040 --> 0:39:24.400
<v Speaker 2>again not investing or holding back hoping that interest rates

0:39:24.440 --> 0:39:28.960
<v Speaker 2>come down or that their amount of business justifies the

0:39:29.000 --> 0:39:32.800
<v Speaker 2>return on investment of having high interest rates, but biting

0:39:32.840 --> 0:39:35.920
<v Speaker 2>the bullet and buying that piece of equipment anyway, because

0:39:35.960 --> 0:39:40.440
<v Speaker 2>they have the necessary orders, the necessary products or orders

0:39:40.480 --> 0:39:43.840
<v Speaker 2>to fulfill in order to make that a make that

0:39:43.880 --> 0:39:47.920
<v Speaker 2>a worthwhile investment GDP. Now get this, okay, I'm going

0:39:48.000 --> 0:39:50.400
<v Speaker 2>to do a little bit of bragging here. You remember

0:39:50.480 --> 0:39:54.200
<v Speaker 2>back during the period of time, right during what they

0:39:54.239 --> 0:39:58.319
<v Speaker 2>called Liberation Day, back in April April the second, when

0:39:58.760 --> 0:40:01.439
<v Speaker 2>people were saying, oh, while the stock market went down

0:40:01.480 --> 0:40:04.600
<v Speaker 2>tremendously because the announcement of all these tariffs, people.

0:40:04.440 --> 0:40:05.959
<v Speaker 1>Were talking about the R word.

0:40:06.000 --> 0:40:09.200
<v Speaker 2>They were talking about a possibility of recession, talking about

0:40:09.400 --> 0:40:14.080
<v Speaker 2>negative growth, talking about the GDP going down, that there

0:40:14.160 --> 0:40:16.080
<v Speaker 2>wasn't going to be there were going to be, you know,

0:40:16.320 --> 0:40:18.719
<v Speaker 2>a lot of layoffs. There were going to be massive layoffs.

0:40:18.840 --> 0:40:21.719
<v Speaker 2>There was going to be rapidt inflation, and that was

0:40:21.719 --> 0:40:24.600
<v Speaker 2>going to push us into a recession. And they were

0:40:24.640 --> 0:40:27.200
<v Speaker 2>talking about, well, we don't expect by the end of

0:40:27.239 --> 0:40:30.719
<v Speaker 2>the year that GDP was going to be around. They

0:40:30.719 --> 0:40:33.280
<v Speaker 2>were predicting it to be about one point eight percent.

0:40:33.840 --> 0:40:36.799
<v Speaker 2>Back then, I was saying, by the end of the year,

0:40:37.280 --> 0:40:41.760
<v Speaker 2>I expected to see GDP somewhere between gross domestic product

0:40:42.000 --> 0:40:46.760
<v Speaker 2>somewhere between four point five percent and five percent by.

0:40:46.640 --> 0:40:47.359
<v Speaker 1>The end of the year.

0:40:47.640 --> 0:40:50.319
<v Speaker 2>And a lot of people around the office, around the

0:40:50.360 --> 0:40:53.480
<v Speaker 2>studio said, you know your little nuts there.

0:40:53.360 --> 0:40:54.120
<v Speaker 1>Well, the Atlanta.

0:40:54.920 --> 0:40:59.160
<v Speaker 2>Atlanta Federal Reserve is forecasting gross domestic product for the

0:40:59.280 --> 0:41:04.239
<v Speaker 2>third quarter to increase at four percent annualized rate in

0:41:04.320 --> 0:41:07.920
<v Speaker 2>the July to September quarter. The delayed third quarter GDP

0:41:08.080 --> 0:41:11.120
<v Speaker 2>report will be released on December twenty third. The economy

0:41:11.120 --> 0:41:14.800
<v Speaker 2>grew at three point eight percent pace in the second quarter.

0:41:15.320 --> 0:41:18.799
<v Speaker 2>Orders for durable good items ranging from toasters to aircraft

0:41:19.040 --> 0:41:21.480
<v Speaker 2>meant that the three years or meant to last three

0:41:21.560 --> 0:41:26.000
<v Speaker 2>years and more rose point five percent. According to Christopher Roupki,

0:41:26.320 --> 0:41:30.520
<v Speaker 2>chief economists at Forward Bonds, one thing is certain and

0:41:30.600 --> 0:41:35.840
<v Speaker 2>that is is going to be a gigantic, gigantic quarter

0:41:36.160 --> 0:41:40.479
<v Speaker 2>for real GDP growth, although admittedly it's only a rear

0:41:40.600 --> 0:41:44.359
<v Speaker 2>view looking mirror looking back at the third quarter, which

0:41:44.480 --> 0:41:48.600
<v Speaker 2>was affected by the government shutdown. So if my prediction

0:41:48.840 --> 0:41:52.600
<v Speaker 2>doesn't come in at four point five percent or five

0:41:52.640 --> 0:41:56.240
<v Speaker 2>percent GDP growth somewhere between four point five, it's because

0:41:56.239 --> 0:41:59.600
<v Speaker 2>of the government shutdown. That was four was done by

0:41:59.640 --> 0:42:03.480
<v Speaker 2>the Democrats, the Shumer shut down. But again, very good news.

0:42:03.719 --> 0:42:06.680
<v Speaker 2>Four percent, right in line with what Kevin Gordon from

0:42:06.760 --> 0:42:10.560
<v Speaker 2>America's Truck and Network has been talking about. Well, folks,

0:42:11.040 --> 0:42:12.880
<v Speaker 2>enjoy the rest of the day. Enjoy the rest of

0:42:12.880 --> 0:42:16.319
<v Speaker 2>the weekend and and you know, just have a great time.

0:42:16.719 --> 0:42:19.080
<v Speaker 2>Don't eat well, I'm going to say don't eat too much,

0:42:19.120 --> 0:42:23.000
<v Speaker 2>but yeah, indulge. I'm Kevin Gordon, America's Truck and Network

0:42:23.080 --> 0:42:24.960
<v Speaker 2>seven hundred WLW