Research Library > FICO > Social Engineering - Fraud is evolving — are you?

Social Engineering - Fraud is evolving — are you?

White Paper Published By: FICO
FICO
Published:  Feb 06, 2018
Type:  White Paper
Length:  7 pages

Interpol reports social engineering as the “broad term that refers to the scams used by criminals to trick, deceive and manipulate their victims into giving out confidential information and funds.”

Scammers use sophisticated psychological manipulation techniques to build a level of trust with their victim, having them divulge confidential information or authenticate the fraudulent activity as genuine. They will typically claim to be from the bank or well known and trusted consumer brands.



Tagssocial, engineering, fraud, cyber, security, scams