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Tech Fraud Beating Out Social Engineering
The Walking Dude writes "BBC News asked Frank Abagnale if technology is driving the old-school conman into extinction. 'Mr Abagnale really ought to know', as the 2002 movie Catch Me If You Can was based on his life. He served five years of a 12 year prison sentence for check fraud before being offered a job with the FBI. 'There may, after all, be life in the old con yet.'"
"Gone is the sharp-suited, debonair, sliver-tongued fraudster who'd charm his way to a personal fortune. [...] It is the ability to read a person's blind spot, tell them what they expect to hear - and get them to tell you what you need to know."
I disagree. Now they all work in corporate america somewhere in Sales and Marketing department. Few of them even make it up to executive office. Social engineering is the template of sales and marketing.
"Don't let fools fool you. They are the clever ones."
I'm seeding:
http://thepiratebay.org/details.php?id=3343505
"Gone is the sharp-suited, debonair, sliver-tongued fraudster who'd charm his way to a personal fortune."
Hey, BBC writer, didn't you ever hear of Enron?
We all know that wearing jumpsuits, walking in a building (greeting everyone in the way) and getting the computers you want is much easier than trying to hack into the system to get the data. Same for passwords, etc.
Send email from the afterlife! Write your e-will at Dead Man's Switch.
The "technical" frauds today rely on social engineering. Phishing is a perfect example of social engineering, and many botnets get installed by tricking the user rather than by exploiting a technical security vulnerability.
Nor was Abagnale non-technical. One of his scames was so beautiful that you wish you could admire it, and it was based on manipulating the magnetic ink on a check to put the check-processing infrastructure into an infinite loop. Talk about "float", especially since there was never anything behind the check in the first place. He'd withdraw the money after his victim bank decided "well, hasn't bounced yet, must be good".
Just ask James Randi - he's been keeping track of dubious scams and claims for decades. Just read through a few of his newsletters if you ever want to be amazed at the things people will pretend they can do for money, power, or just plain delusion.
In my oppinion, healthy skepticism is something that should be taught to every school child as part of a minimal education. Knowing how to be properly, rationally skeptical is a very important skill - being either unskeptical, or holding irrational skepticism based on what you want to feel is as much a disability as not being able to read or do math. The scientific method helps if it is introduced comprehensively - but there's a LOT of scientists with doctorates that will be fooled by some of the simplest scams, then convince themselves they couldn't be fooled. Healthy skepticism is both knowing that you can be wrong, but you being wrong doesn't make someone else's extrordinary claims correct, even if it's an innocent mistake for all involved.
Especially disturbing are the constant resurgance of medical scams. People willing to try anything can be put through real hell by people willing to offer them an option that no one else will provide. The family of the dead rarely know to put any blame on a false cure, and the living often mistakenly promote as a miracle whatever was offered, so these scams can erupt almost anywhere. Add in scam artists using religion, blaming the dying for their own failed cure, and the unfounded skepticism of scientific medicine, and you can see how nasty these situations can be.
Ryan Fenton
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Now they all work in corporate america somewhere in Sales and Marketing department.
And politicians?