Social engineering fraud: When humans are hacked
The art of physiological manipulation has made organisations world over susceptible to scams. The term, Social Engineering Fraud, as we know it, has become a thriving business for fraudsters hiding in the cyber space and has been spreading like an endemic across industries and regions. Consider the data from the international police agency, Interpol. It attributes total losses to Business Email Compromise (BEC) at around USD 1.2 billion in 2015 . Needless to say, this fraud is one of the top security concerns for enterprises.