Article (Scientific journals)
Fake it till you make it: the psychological and communication tactics behind "Pig Butchering" scams
ASYALI, Ayse Nur; FRANK, Muriel-Larissa; HÖLZMER, Pol
2026In Journal of Cybersecurity, 12 (1)
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Asyalı et al. - 2026 - Fake it till you make it the psychological and communication tactics behind “Pig Butchering” scams.pdf
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Supplementary_Material_A_Final.docx
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Supplementary Material A. State-of-the-Art on Sha Zhu Pan Scams
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Supplementary_Material_B_Final.docx
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Supplementary Material B. Overview of Scam Manuals
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Supplementary_Material_C_Final.docx
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Supplementary Material C. Scam Manuals & Theories
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Keywords :
pig butchering; Sha Zhu Pan; social engineering; cybercrime; romance baiting; cryptocurrency investment fraud
Abstract :
[en] "Pig butchering" represents a sophisticated form of cyber-enabled social engineering that combines elements of romance and investment scams. Although existing literature focuses on victims’ experiences, there is a lack of understanding regarding how scammers are trained to implement these strategies. To this end, we analysed a unique data source, scam manuals (i.e. documents guiding scam operations), to uncover the psychological and communication theories that inform their use. Our findings reveal that scammers systematically exploit interpersonal communication, relationship, and motivational tactics to gain victims’ trust and commitment, and to manipulate their self-growth needs. We propose a unified stage model that maps and links psychological and communication theories across the scam stages. We discuss how our model contributes to the broader cybersecurity literature by informing the design of more targeted prevention and intervention strategies that address the human vulnerabilities exploited in advanced cyber-enabled crime.
Research center :
Interdisciplinary Centre for Security, Reliability and Trust (SnT) > FINATRAX - Digital Financial Services and Cross-organizational Digital Transformations
NCER-FT - FinTech National Centre of Excellence in Research
Disciplines :
Computer science
Author, co-author :
ASYALI, Ayse Nur   ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust > FINATRAX > Team Gilbert FRIDGEN
FRANK, Muriel-Larissa   ;  University of Luxembourg
HÖLZMER, Pol   ;  University of Luxembourg
 These authors have contributed equally to this work.
External co-authors :
no
Language :
English
Title :
Fake it till you make it: the psychological and communication tactics behind "Pig Butchering" scams
Publication date :
31 January 2026
Journal title :
Journal of Cybersecurity
eISSN :
2057-2093
Publisher :
Oxford University Press (OUP)
Volume :
12
Issue :
1
Peer reviewed :
Peer Reviewed verified by ORBi
Focus Area :
Security, Reliability and Trust
FnR Project :
FNR13342933 - DFS - Paypal-fnr Pearl Chair In Digital Financial Services, 2019 (01/01/2020-31/12/2024) - Gilbert Fridgen
FNR16570468 - NCER-FT - 2021 (01/03/2023-28/02/2025) - Gilbert Fridgen
Funders :
FNR - Luxembourg National Research Fund
Funding number :
13342933; 16570468
Funding text :
This work was supported in part by the Fonds National de la Recherche Luxembourg (FNR) (NCER22/IS/16570468/NCER-FT) and the Ministry of Finance of Luxembourg through the FutureFinTech National Centre of Excellence in Research Innovation as well as by PayPal, PEARL (13342933). For the purpose of open access, and in fulfillment of the obligations arising from the grant agreement, the author has applied a Creative Commons Attribution 4.0 International (CC BY 4.0) license to any Author Accepted Manuscript version arising from this submission.
Available on ORBilu :
since 31 January 2026

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