Business View Magazine - July 2023

9 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 7 Source- Theconversation.com, Stacey Wood and Yaniv Hanoch,First published June 21, 2023, republished EIN Presswire.com Online fraud is today’s most common crime. Victims are often told they are foolish for falling for it, but fraudsters use psychological mechanisms to infiltrate the defenses of their targets, regardless of how intelligent they are. So it’s important to keep up with the latest scams and understand how they work. Recently, consumer protection magazine Which? identified some of the most convincing scams of 2023. These scams all have one thing in common – they insidiously take advantage of people’s cognitive biases and psychological blind spots. They included “pig butchering” a way of fattening up victims with affection, the missing person scam which involves posting fake content on social HOW SCAMMERS USE PSYCHOLOGY TO CREATE SOME OF THE MOST CONVINCING INTERNET CONS – ANDWHAT TOWATCH OUT FOR OPENING L INES