What are socially engineered fraud attacks?
Threat actors today are maximising every opportunity they get to prey on vulnerabilities, security gaps, as well as human nature. In fact, the last of that trio is a particularly grave concern, and cyber hygiene must be at the top of mind for organisations. The truth is human negligence cannot be "patched", and vigilance must be stressed in awareness training to quell fraud-based social engineering.
Unfortunately, the odds are often in favour of the attacker because it takes just one unsuspecting team member to open the floodgates for attackers to have a field day. Only one person clicking on a malicious link or being misled into providing credentials is needed to give malicious actors unadulterated access to the corporate network.
