Hacking Humans
The costly consequences of communication scams.
Jul 11, 2024
A discussion on the costly Business Email Compromise scams, emphasizing the need for verification. Stories shared include a police impersonation scam and the privacy concerns on Venmo transactions. An amusing email scam involving EuroMillions winners is dissected, along with communication mishaps and unique trivia banter.
31:06
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Quick takeaways
- Verifying emails through a secondary channel is crucial to prevent Business Email Compromise scams.
- Being cautious of unexpected payments on Venmo can help avoid falling victim to accidental payment scams.
Deep dives
Business Email Compromise Scams
Business email compromise scams generate over $26 billion annually, with the average payout per successful scam reaching high amounts. These scams involve impersonating colleagues or superiors to lure victims into fraudulent transactions, like buying gift cards or changing direct deposit information. The article highlighted the importance of questioning urgency and keeping requests confidential, as well as verifying requests through a different channel.
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