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Social engineering manipulates people into revealing access or approving actions, causing compromise; verify requests and enforce least privilege.

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Social engineering is the deliberate manipulation of people into disclosing information, bypassing a control, or performing an action for an attacker. It commonly uses phishing, voice or text messages, impersonation, pretexting, and physical access attempts. In a threat model, the attacker targets trust, urgency, authority, or helpfulness rather than exploiting software directly. Successful deception can expose credentials or personal data, authorize fraudulent payments, enable malware delivery, or provide an initial foothold for account or network compromise.

Effective defenses make sensitive requests independently verifiable and limit the damage of a mistake. Use phishing-resistant multi-factor authentication where practical, least-privilege access, and approval or call-back procedures for payments, password resets, and changes to account or banking details. Staff should have a simple way to report suspected messages without penalty; security teams can then investigate related accounts, messages, and login activity, revoke exposed credentials, and contain follow-on access. Awareness training helps people recognize pretexts, but should reinforce these technical and procedural controls rather than rely on vigilance alone.

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Bank Info Security 1 year, 5 months ago

Cryptohack Roundup: Critical Ethereum Vulnerability

Also: Conviction in £1.5M Fraud, Sentencing in Torture and Theft CaseThis week's stories include a critical Ethereum vulnerability, conviction in a £1.5M fraud, sentencing in a torture and crypto theft case, SEC's new roadmap, Jan crypto stats, Coinbase social engineering victims, and U.S. lawmakers' digital assets working group.

Bank Info Security 1 year, 5 months ago

AI Rise: Can We Still Trust What We See?

AI-Powered Social Engineering and Deepfake Threats in 2025Security researchers predict threat actors will use artificial intelligence and large language models to enhance phishing attacks and create convincing fake personas, while defensive AI enters a new phase of semiautonomous operations.