The bank sees the payment. The social platform sees the advertisement. The telecommunications provider sees the call. The scammer sees the entire operation. That difference is becoming one of the most expensive blind spots in cybersecurity.

Imagine an Australian receiving a convincing investment advertisement featuring a well known financial commentator. The advertisement appears on a legitimate social media platform, links to a professionally designed financial news website and eventually directs the visitor to a messaging application. A supposed investment adviser begins a conversation, makes several telephone calls and persuades the victim to install a trading application. The application displays fabricated profits, encouraging an initial deposit followed by progressively larger transfers.…