us

216.73.216.133

Another COVID-related lure: Phishing Scam Targeting Email Users

phishing-attacks

Amid the COVID-19 outbreak, email users are constantly warned against fraudulent emails and scams. However, a new phishing campaign targeted email users by promising them a government-funded tax cut.

According to think tank Parliament Street, the phishing email appears from the recipient appearing to be a ‘Government Digital Service Team’ which claims a user to offer a rebate of nearly £400.

The email begins with,

“You are getting a Council Tax Reduction (this used to be called Council Tax Benefit) considering you’re on a low income or get benefits,” 

“Total amount of benefits: GBP 385.50. The refunded amount will be transferred directly on your Debit/Credit card. Apply now to claim the reductions made over your past two years of Council Tax payments.”

However, in the subject line, the refund amount stated appears £385.55. This is one of several mistakes that indicates a suspicious recipient. Such mistakes demonstrate an email to be a scam

Parliament Street said that the message is delivered to hundreds of inboxes. As argued by Andy Harcup, Absolute Software VP,

“Since the start of COVID-19, the cyber-threats facing adults in the UK has surged, and this latest attack is one of many which have been designed to prey on individuals’ vulnerability and fear during this trying time,” 

The CEO of Cynance, Stav Pischits added that cybercriminals find it easy to use government text and copy it to create phishing emails.

“All too often, weary workers who are struggling with the financial impact of the COVID-19 outbreak will jump at the chance for a discount or refund like this,” he argued.

“Anyone receiving an email like this should also double check the source address of the sender and carefully examine the communication for typos and errors, often associated with online scams. Failure to do so could put the financial and personal data of the individual and their employer at risk.”

In the first half of this year, a notable increase in phishing scams is seen against which users are warned. The new phishing campaigns are emerging every day and for users, it is crucially important to beware.

Related Posts

News

Wolfsberg Group Urges Financial Institutions to Adopt AI for Monitoring Suspicious Activities

Wolfsberg Group Urges Financial Institutions to Adopt AI for Monitoring Suspicious Activities

Explore More

News

Dutch online bank joins the queue of fines imposition drive of Europe for AML compliance failure, fined €2.6 million

Dutch online bank joins the queue of fines imposition drive of Europe for AML compliance failure, fined €2.6 million

Explore More

News

Safra Sarasin, private Swiss bank, fined, as they failed to stop laundering of illicit funds

Safra Sarasin, private Swiss bank, fined, as they failed to stop laundering of illicit funds

Explore More

News

JP Morgan agreed to pay $330 million to Malaysia to settle 1MDB case, additional $3 million implied in fines by Switzerland

JP Morgan agreed to pay $330 million to Malaysia to settle 1MDB case, additional $3 million implied in fines by Switzerland

Explore More

News

The Gambling Commission of the UK announced a £1 million fine on ProgressPlay Limited due to compliance failure

The Gambling Commission of the UK announced a £1 million fine on ProgressPlay Limited due to compliance failure

Explore More

News

UAE Central Bank hit Financial Firms with fines due to compliance failures

UAE Central Bank hit Financial Firms with fines due to compliance failures

Explore More

News

Rising Bank fraud and Money Mule Networks should be a national security threat, warns a UK-based Think Tank

Rising Bank fraud and Money Mule Networks should be a national security threat, warns a UK-based Think Tank

Explore More

News

Wolfsberg Group Urges Financial Institutions to Adopt AI for Monitoring Suspicious Activities

Wolfsberg Group Urges Financial Institutions to Adopt AI for Monitoring Suspicious Activities

Explore More

News

Dutch online bank joins the queue of fines imposition drive of Europe for AML compliance failure, fined €2.6 million

Dutch online bank joins the queue of fines imposition drive of Europe for AML compliance failure, fined €2.6 million

Explore More

News

Safra Sarasin, private Swiss bank, fined, as they failed to stop laundering of illicit funds

Safra Sarasin, private Swiss bank, fined, as they failed to stop laundering of illicit funds

Explore More

News

JP Morgan agreed to pay $330 million to Malaysia to settle 1MDB case, additional $3 million implied in fines by Switzerland

JP Morgan agreed to pay $330 million to Malaysia to settle 1MDB case, additional $3 million implied in fines by Switzerland

Explore More

News

The Gambling Commission of the UK announced a £1 million fine on ProgressPlay Limited due to compliance failure

The Gambling Commission of the UK announced a £1 million fine on ProgressPlay Limited due to compliance failure

Explore More

News

UAE Central Bank hit Financial Firms with fines due to compliance failures

UAE Central Bank hit Financial Firms with fines due to compliance failures

Explore More

News

Rising Bank fraud and Money Mule Networks should be a national security threat, warns a UK-based Think Tank

Rising Bank fraud and Money Mule Networks should be a national security threat, warns a UK-based Think Tank

Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started