The United Kingdom’s National Cyber Security Centre (NCSC) has continued to raise awareness and warn citizens about the threat of coronavirus-related scams.
The national internet authority has had to shut down over 2,0000 online scams related to the virus in just the past month. [BBC]
This included a staggering 471 fake e-commerce stores selling fake Coronavirus materials, including face masks, fake vaccines, and necessities in short supply.
COVID-19 Scams Run Amok
So far, the government has taken down hundreds of phishing scams, along with advance-fee frauds, where a significant amount of money is exchanged for a one-off payment. James Brokenshire, the Minister for Security, told the BBC that criminals have predominantly targeted email and video conferencing platforms, along with other technologies that have massively adopted. Beyond online schemes, some of these malicious actors have taken their brazen acts to a whole new level.
Still Some Honor Among Thieves
At this point, private individuals, medical facilities, and even international agencies are all vulnerable and are beginning to ramp up security. Of course, the vast majority of these attacks have been targeted at unsuspecting individuals. Whether it’s a malware attack, a phishing scam, or someone looking to profit off fake coronavirus-related supplies, the goal remains the same — taking advantage of widespread ignorance and panic to profit.
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Jimmy Aki
Based in the United Kingdom, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills, having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for blockchain regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.
Based in the United Kingdom, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills, having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for blockchain regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.
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