"Cracking the Code: Why People Fall for Scams"

In an interview with the University of New South Wale (UNSW) Business School, Dr. Kam-Fung Cheung, Lecturer at the School of Information Systems and Technology Management (ISTM), and Shesha J. Maheshwari, a research student at ISTM, stress the importance of understanding the psychological factors that make people susceptible to scams. According to the experts, financial desperation and a lack of awareness about evolving fraud techniques make many individuals fall for scams today. Dr. Cheung and Ms. Maheshwari say individuals fall for scams for six primary reasons: financial desperation, social engineering, lack of awareness, emotional triggers, trust and authority, and lack of vigilance. This article continues to discuss why people fall for scams.

The University of New South Wales, Sydney reports "Cracking the Code: Why People Fall for Scams"

Submitted by grigby1