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Social Engineering: Back to the Basics

Security Through Education

When I first heard of social engineering, about 6 years ago, I couldnt define it clearly and concisely if you had offered me millions of dollars. ’ Lets re-visit what social engineering really means, how people use it, and how you can start protecting yourself from it. Either way, lets refresh and learn together!

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Details of a Computer Banking Scam

Schneier on Security

This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. And three, it’s an evolving tactic that gets around banks increasingly flagging blocking suspicious electronic transfers.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo. ” Sen.

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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Crooks are constantly probing bank Web sites for customer accounts protected by weak or recycled passwords.

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How social engineering is related to Cybersecurity

CyberSecurity Insiders

Social engineering is a term used to describe the manipulation of people into revealing sensitive information or performing actions that they otherwise wouldn’t. Social engineering is an age-old tactic that is often used in phishing attacks. In conclusion, social engineering is a significant threat to cybersecurity.

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Interpol arrests 2000 criminals launching social engineering attacks

CyberSecurity Insiders

In what appears as an operation first of its kind, Interpol has arrested over 2000 criminals who launched social engineering attacks worldwide. But in reality, they pose as others and perform acts in such a way that the victim reveals sensitive info, such as bank account details or e-wallet information disclosure.

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BEST PRACTICES: Mock phishing attacks prep employees to avoid being socially engineered

The Last Watchdog

Social engineering, especially phishing, continues to trigger the vast majority of breach attempts. In 2015, penetration tester Oliver Münchow was asked by a Swiss bank to come up with a better way to test and educate bank employees so that passwords never left the network perimeter. Talk more soon.