Another day, another social engineering scam.
It's something we talk about a lot at Realcover – and that's because it's our business to protect your business.
You know social engineering scams are on the rise and they’re causing serious financial harm to businesses all over the world. These scams involve the use of deception to manipulate individuals into carrying out a particular act; for example, transferring money, handing over confidential information or clicking on a malicious link.
Cyber criminals are becoming more sophisticated in their scamming techniques and now increasingly attempt to impersonate companies and people.
Previously, scam emails in the form of an appeal for help or bogus prize giveaways were common. But now cyber criminals are impersonating companies and employees, and they pay close attention to detail to ensure their fake communications look as authentic as possible.