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How Fraudsters Create New Schemes With Social Engineering

PYMNTS

Fraudsters request that these documents be emailed to an official-sounding address, enabling them to harvest a trove of valuable data including Social Security numbers and addresses. Other fraudsters may go directly after restaurant employees with phishing schemes, a popular method for gaining access to data.

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6 Types of COVID-19 Scams to Watch Out For

FICO

Smishing is similar to phishing, but is executed through text messages. Beware of people claiming to be part of reputable organizations, like research firms or government agencies, asking you for personal information like bank card numbers or your Social Security number. Use the help offered by breached organizations.

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