Why Is Higher Education No Longer a Safeguard Against Fraud?

[Suba]

We often hear news stories about individuals with education being caught in fraudulent investment schemes and fake international job postings. We also realize that fraudsters are increasingly sophisticated, employing highly logical methods, using AI technology to target recent higher education graduates.

In the cyber world, intelligence, unmatched by vigilance and thoroughness, and a desire for convenience, is often the target of fraudsters. Fraudsters increasingly target psychological vulnerabilities (social engineering), ignoring a person's intelligence or academic degree. Instead of exploiting technical weaknesses, they employ sophisticated manipulation methods, false urgency, and low financial and digital literacy. This leaves anyone, whether a master's, doctor, or professor, vulnerable to deception.

 

[Trush Jodie]

Financial intelligence is not a function of academic intelligence. It is a function of learning patterns and understanding financial processes.

 

[Augusta]

Because fraud isn't just about broken rules , it's about broken people. And that's a cost no university can afford to save

 

[eLdavis]

These days it's not really about higher education, but these fraudsters often prey on people's weaknesses. They know people are desperate to make money, so they use this against them.