FIRE News: Only 9% of people can spot fraudulent approaches

January 23, 2018 — Only 9% of people can spot fraudulent approaches

Lisa Baergen, Director at NuData, comments on a report issued today by FIRE News disclosing that less than 1 in 10 people can identify a fraudulent approach, and the role of consumer overconfidence in hacks.

Consumers are generally unaware of the rich variety of techniques fraudsters can engineer, forgetting that black-hat hackers’ full-time job is coming up with new tricks. The number of online consumers is growing and so is the number of data breaches, providing bad actors with all the information they need to create new scams daily.

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