How the typical pig butchering scam correspondence starts.

5 tips for spotting and avoiding Pig butchering scams

A new type of scam, called “pig butchering” is gaining momentum. Pig butchering is a unique scam which uses a romance scam script, but with an investment spin on it, where victims are groomed to invest large sums of money, often on fake crypto apps. Behind the scenes of these ... Read More

Grooming lies and their function in financial frauds

Grooming techniques used in various frauds are getting more common and more elaborate. Fraudsters are coming up with narratives that involve complicated lies and may have different stages, depending on the type of fraud. Often, different actors are brought into the story. These actors also lie to the victim, in ... Read More

See No Evil, Hear No Evil: The Use of Deepfakes in Social Engineering Attacks

Artificial Intelligence (AI) is one of the most high-profile technology developments in recent history. It would appear that there is no end to what AI can do. Fom driverless cars, dictation tools, translator apps, predictive analytics and application tracking, as well as retail tools such as smart shelves and carts ... Read More
What Are the Key Challenges for Cybersecurity Professionals Going into 2022?

What Are the Key Challenges for Cybersecurity Professionals Going into 2022?

Tripwire recently conducted a series of surveys and interviews to understand IT professionals who manage security for their company. The cybersecurity landscape is constantly changing, new challenges are rapidly emerging, and new threats have surfaced, especially throughout the pandemic. We were curious to know some of the struggles that security ... Read More

Top 3 Grooming Techniques in Fraud: What to Watch for

Grooming is a method of establishing a connection with a person to perpetrate a crime against them. Grooming is becoming more common in fraud, both online as well as in interpersonal interactions. What’s more, scammers are getting more sophisticated in their techniques. There is a mistaken belief that scammers are ... Read More
Common elements in extortion emails

Sextortion Scams – How They Persuade and What to Watch for

Extortion, and especially “sextortion” emails, are becoming more frequent, and they can be extremely alarming when received. Such emails work by using threats to extort money, evoking intense fear. This type of correspondence comes in many guises and features various elements, but essentially, they work in the same way. These ... Read More

Data Breaches: A Chance for Opportunistic Scammers & What You Should Watch for

Data breaches are now part of doing business, with many companies having been affected. Data is very valuable to criminals because it is often used to commit fraudulent activities as well as to enhance the credibility of scams. Data that is stolen ranges from Social Security Numbers (SSNs) to other ... Read More
How Social Norms Can Be Exploited by Scammers on Social Media

How Social Norms Can Be Exploited by Scammers on Social Media

Social media platforms are excellent hunting grounds for scammers. This is where we connect with our friends or people who we have something in common with. This is precisely what scammers exploit—our connections and the trust that is afforded between friends or acquaintances. From an early age, we are taught ... Read More
Case Study 1 Business phishing email

Phishing Attacks Often Target Small Businesses – Here’s What to Watch for

Scammers target businesses with phishing emails all the time, pretending to be legitimate customers or vendors asking for payment. While any company can be vulnerable to this type of attack, small- to medium-size companies are particularly vulnerable because it is easier for a scammer to do a bit of research ... Read More
Image from the book ‘The Psychology of Fraud, Persuasion and Scam Techniques’ by Martina Dove

Top 5 Scam Techniques: What You Need to Know

Scammers are increasingly resourceful when coming up with scam techniques. But they often rely on long-standing persuasion techniques for the scam to work. So, you may hear about a new scam that uses a novel narrative, but there is a good chance that the scam relies on proven scam techniques ... Read More