Social engineering scams are on the rise worldwide. In the last year, the number of social engineering scams have increased 57%, and impostor scams were the number one type of fraud reported by consumers, according to the U.S. Federal Trade Commission.
Legacy fraud prevention controls that rely on device, IP and network-based attributes are no longer a match on their own for cybercriminals who have learned to spoof them, use malware to take over a device, or even convince victims to make the payment themselves.
Download the white paper to explore:
- What is contributing to the global outbreak of social engineering scams
- How government and industry are responding to the problem
- New strategies to identify these attacks where other controls have failed