Remove Cybercrime Remove Scams Remove Security Awareness Remove Social Engineering
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Social Engineering: Definition, Types, Detection & Prevention

Spinone

What is social engineering? Social engineering is a manipulative technique used by criminals to elicit specific actions in their victims. Social engineering is seldom a stand-alone operation. money from a bank account) or use it for other social engineering types. Check recipient.

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Phishing trap: security awareness through a different lens

BH Consulting

Banks and insurance companies are telling customers to be wary of scam messages. Social engineering techniques, such as phishing, target not the systems but the people using them. Phishing and scam emails are – by some distance – the leading cause of ransomware infections, according to Statista. The song remains the same.

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Research Examines WormGPT, an AI Cybercrime Tool Used in BEC Attacks

SecureWorld News

In its latest research , SlashNext—a provider of multi-channel phishing and human hacking solutions—delves into the emerging use of generative AI, including OpenAI's ChatGPT, and the cybercrime tool WormGPT, in Business Email Compromise (BEC) attacks. Urgency is a key emotion that social engineers prey upon to induce actions."

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Hackers Intercept USPS Workers' Paychecks in Direct Deposit Scam

SecureWorld News

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. This was a not an incredibly technical attack.

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Hopeful employees targeted as phishers identify new windows of opportunity

CyberSecurity Insiders

The emails pose as company updates and are often socially engineered to look like they have been personally tailored to the recipient. The kind that could throw off even your most security-aware employees. Carefully crafted emails like these containing a malicious link can fool even the most security-aware of employees.

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Voice Phishers Targeting Corporate VPNs

Krebs on Security

Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is social engineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.

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Know Your Enemy: Following a Seasoned Phisher's Train of Thought

SecureWorld News

To top it off, the average amount of money requested in wire transfer business email compromise (BEC) scams reached a whopping $93,881. For instance, when winter holidays are around the corner, it's time to be wary of scams in which criminals try to bait people with bogus promos and giveaways.