The Rio Summer Olympics took place years ago, but the hackers who infamously used social engineering to exploit the event are still with us. Although business owners may think that their systems are safe from malware, they may not be prepared for social engineering.

Scam artists will stop at nothing to make an extra buck, which means that people need to be vigilant about protecting their valuable information. While the phone is still a popular method of approach, the Internet has opened a new avenue for the scammer to attempt to steal your money.

For as long as there have been cybercriminals, there have been social engineers, or people who use tricks and scams to force other people to volunteer sensitive information. There are several ways to use social engineering to acquire valuable information like account passwords and bank accounts, but avoiding these scams comes down to one thing: training.

According to several reports, the volume of malicious cyber attacks have increased since the beginning of the Rio Olympics. And even though our devices have the latest network security systems, hackers have a cunning trick up their sleeves -- social engineering.

As shown by recent high-profile hacking scandals - targeting everyone from Sony Entertainment to the extramarital-affair-facilitating website Ashley Madison - cyber crime shows no sign of disappearing any time soon. In fact, experts predict that 2016 is going to be an even busier year for cyber criminals, hackers and scammers.