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May 18, 2017

Payment fraud may happen after hackers obtain sensitive information using social engineering

Payment fraud may happen after hackers obtain sensitive information using social engineering

Social engineering [1] involves the practice of impersonating other people to obtain confidential information, such as credit card details.

Those who commit social engineering collect data on their victims like:

  • date of birth;
  • home address; or
  • email address.

They find answers to security questions and obtain the information needed to make fraudulent purchases.

Reference

  1. Wikipedia. Social engineering (security); 2017.

Credits : Image by mohamed Hassan from Pixabay