Pig Butchering: When Human Trafficking and Online Scams Collide
At this point, we’ve probably all been targets of online scams. Most of the time, they tend to fall into one of a few categories – you’re usually being tricked into clicking on a malicious link or pressured into taking a particular action with the usual social engineering tactics, like when a fraudster claims to have compromising footage of you or, after learning some of your personal details, pretends they’re from your bank.
But something else – and far more disturbing than anything else seen before in this sphere – has cropped up recently. Known as pig butchering scams, this new development represents a massive, and deeply worrying, divergence from the aforementioned tactics. By employing sophisticated tactics and taking a long-term approach, criminal organisations are tricking vulnerable people into parting with vast sums of money – and ruining people’s lives in the process.
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