OBFR and Social engineering: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Shorten header.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
''US.''  
''Cyberthreat''
 
In the context of cyber attacks, 'social engineering' means deceiving employees into voluntarily making fraudulent payments or other transactions, by causing them to believe that the fraudulent transactions are legitimate.
 
 
<span style="color:#4B0082">'''''Frauds socially engineered'''''</span>
 
:"... the frauds were successful because, at the final stage of the process, the victims’ employees were either directly or indirectly ‘socially engineered’ into willingly handing over company money, because they believed that they were engaged in legitimate transactions.
 
:In their defence, there are some ‘very good reasons’ why they were so easy to manipulate."
 
:''The Treasurer magazine, March 2017, p39 - Lesley Meall, freelance journalist specialising in technology and finance.''
 
 
Sometimes written 'social-engineering'.


The Overnight Bank Funding Rate published by the Federal Reserve Bank of New York.




== See also ==
== See also ==
* [[Central bank]]
* [[CEO fraud]]
* [[EFFR]]
* [[Cyber attack]]
* [[Fed funds]]
* [[Financial engineering]]
* [[Federal Reserve System]]
* [[Fraud]]
* [[Federal Reserve Bank]]
* [[Layering]]
* [[Phishing]]
* [[Ransomware]]
* [[Spoofing]]
* [[Whaling]]
 
[[Category:Technology]]

Revision as of 13:06, 25 September 2022

Cyberthreat

In the context of cyber attacks, 'social engineering' means deceiving employees into voluntarily making fraudulent payments or other transactions, by causing them to believe that the fraudulent transactions are legitimate.


Frauds socially engineered

"... the frauds were successful because, at the final stage of the process, the victims’ employees were either directly or indirectly ‘socially engineered’ into willingly handing over company money, because they believed that they were engaged in legitimate transactions.
In their defence, there are some ‘very good reasons’ why they were so easy to manipulate."
The Treasurer magazine, March 2017, p39 - Lesley Meall, freelance journalist specialising in technology and finance.


Sometimes written 'social-engineering'.


See also