Social Engineering Scams

Meta Sounds Pre-Holiday Alarm as Scam Incidents Jump 56%
Meta Sounds Pre-Holiday Alarm as Scam Incidents Jump 56%
December 10, 2024  |  Meta

Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways...

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Social Engineering Scams Prove Costly to Consumers and Bank Bottom Lines
Social Engineering Scams Prove Costly to Consumers and Bank Bottom Lines
November 22, 2024  |  Fraud Prevention

With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers...

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‘Pig Butchering’ Scams Pose Growing Risk to Businesses
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
March 04, 2024  |  Security & Fraud

Behavioral fraud and social engineering scams are getting more dangerous for businesses. Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, social...

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Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
August 22, 2023  |  Security & Fraud

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals...

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Digital Authentication Firm Twilio Says Hackers Accessed Customer Data
Digital Authentication Firm Twilio Says Hackers Accessed Customer Data
August 08, 2022  |  Security & Fraud

Digital authentication company Twilio said some employees and customers were victims of a hack, a Bloomberg report said Monday (Aug. 8). The hackers tricked employees...

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PYMNTS Intelligence: Understanding Social Engineering Scams
PYMNTS Intelligence: Understanding Social Engineering Scams
August 04, 2022  |  Fraud Prevention

The typical image of digital fraud is that of criminals forcing their way into systems and secretly stealing money or data without victims’ knowledge. Some fraud...

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Valley Bank on Preventing Social Engineering Scams
Valley Bank on Preventing Social Engineering Scams
August 03, 2022  |  Fraud Prevention

At a time when more consumers are being tricked into giving fraudsters access to their money and accounts, Valley Bank’s Milliesia Armogan explains why customer...

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What Banks Are Doing to Protect Consumers From Financial Scams
What Banks Are Doing to Protect Consumers From Financial Scams
August 02, 2022  |  Fraud Prevention

Social engineering scams occur when fraudsters trick their victims into trusting them enough to send either money or personal information. When the victim sends money,...

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