Phishing tactics and other associated frauds

Tips for avoidance:

• Do not open attachments or click on links from senders you do not know
• Verify the sender’s email address and check for spelling mistakes
• The email itself will typically have a sense of urgency

Social Engineering Fraud: a broad term describing scams in which a hacker/bad actor/threat actor tries to trick, deceive and manipulate victims into providing confidential information and/or funds

Funds Transfer Fraud: refers to scenarios in which a hacker/bad actor/threat actor obtains money based on false representations

Business Email Compromise: when a hacker/bad actor/threat actor obtains access to a business email account and imitates the owner’s identity

Computer Fraud: the act of using a computer to take or alter electronic data, or to gain unlawful use of a computer or system