Cyber theft crimes include a variety of internet assaults designed to take advantage of others. This article will teach you more about these illegal operations utilizing computers and the internet. While it’s impossible to protect yourself from scams and digital data thieves, you can take steps to protect yourself and your data.
Social engineering attacks
Fraudsters are increasingly using social engineering to try and trick companies into divulging confidential information. These attacks occur through phishing, phone calls, and emails and can also be carried out by physical access to a company’s premises. While there are ways to minimize the chances of an attack, it is essential to remember that this type of fraud relies on the trust that gullible employees have in external contractors. This is where good security practices and backups can come in handy.
A successful social engineering attack can cause a company to lose millions of dollars quickly. For example, a 2011 data breach at the security company RSA involved phishing emails sent to small groups of RSA employees. The emails included an Excel file with malicious malware. They also inserted a backdoor using an Adobe Flash vulnerability. As a result, RSA paid a whopping $66 million to recover from the assault.
When you receive an email saying that your bank account has been compromised, it may signify a phishing scam. Phishing attacks often pose as reputable institutions, causing users to panic and click on malicious links or attachments. These messages often contain account closure …View More How Fraudsters Steal Your Data in the Digital Age