Bitcoin Forum
June 07, 2026, 05:04:14 AM *
News: Latest Bitcoin Core release: 31.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Why Technical Knowledge Alone Does Not Protect People From Scams.  (Read 332 times)
Hazink
Sr. Member
****
Offline

Activity: 910
Merit: 435


Trêvoid █ No KYC-AML Crypto Swaps


View Profile
June 05, 2026, 09:54:18 PM
 #41

the bybit example is the best illustration of this, a $1b operation with dedicated security teams, and the attack vector was social engineering on a developer, not a technical exploit.

technical knowledge narrows your attack surface. it doensn't eliminate the human layer, and the human layer is always the softest target.
Social engineering is an underrated form of scam and hacking. It reduces your intelligence level to zero. Once the person is able to penetrate and convince you to trust him or her, you will neglect some of the measured security flaws, which ordinarily you know the danger of doing something you are asked to do that will cost you your fortune in most cases the person have to realize how stupid they were after they have been hit.

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!