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Social engineering is commonly defined as using social and behavioral observations to trick an individual into doing something they should not, such as performing a transaction or divulging sensitive information.
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Identity theft is the unlawful acquisition and use of someone’s personally identifiable information for fraudulent gain, such as the pursuit of financial services, loans, employment or medical benefits. The Federal Trade Commission estimates that it takes consumers an average of 6 months and 200 hours to recover from identity theft1.
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