RSM Malta

The importance of psychology in cybercrime

Psychology plays a vital role within cybercrime. The cynical hacker’s success comes
from a detailed study of human behaviour through the use of social engineering to
understand what will trigger action and take advantage of our curiosity and propensity
to trust. Ultimately, using social engineering, the hacker’s goal is to manipulate and
deceive people into performing actions or divulging information such as passwords,
bank account information, sensitive personal or commercial data, and they can even
install malware on your computer.
It is vitally important to be aware of the threats of cybercrime and know how
to recognise a potential phishing, whaling or ransomware attack. We are seeing an
increase in all of these methods of cyberattacks – which can result in significant
operational disruption, financial loss and reputational damage.
The threat of human error is a key challenge for all businesses. The most important
solution is ongoing user education and continually raising awareness.