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Confessions of a Famous Fraudster: How and Why Social Engineering Scams Work

Frank Abagnale, the subject of the film Catch Me If You Can, has been working with the FBI for more than 40 years assisting with forgery and fraud investigations. The success rate of scams on the general public and the enterprise are just about equal, he says. The promise of something exciting awaiting on the other side can be incredibly enticing to anyone who needs a jolt of positivity, he writes. He says millennials are scammed more often than seniors; seniors lose more money because they have more money.”]

Source: https://securityintelligence.com/articles/fraudster-how-why-social-engineering-scams-work/

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