Fraud linked to
social engineering attacks has increased by 21% in a year, according to the City of London Police’s National Fraud Intelligence Bureau (NFIB).
Social engineering is a non-technical method of intrusion used by cyber criminals that relies heavily on human interaction and often involves tricking people into breaking normal security procedures.
Typically, the aim is to trick people into
malware-laden
email attachments or to divulge sensitive information that can be used to steal information and credentials to commit fraud.
The harvesting of account and login information is known as
phishing and can happen through fake emails, phone calls, texts or social media posts.