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How Do Coronavirus Charity Scams Work? Many of the scams being employed are not new: they are classic cyberattacks with a new coronavirus angle in the way they are presented. Cyberattacks are malicious and deliberate attempts to breach an individual or organization's information system to gain some type of benefit. Charity frauds tend to fall into two categories: Scams which target the public Scams which target charity workers themselves Coronavirus scam examples - targeting the public Fake charities or impersonating charities: Scammers pose as a fake charity to solicit fraudulent donations. Often, they pick a name that sounds close to a genuine and well-known charity. Person-in-need scams: Scammers pose as an individual affected by coronavirus or perhaps claim to be acting on behalf of a friend or relative — seeking your financial help. The person will claim to be in trouble because of the crisis. For example, by saying they are ill or stranded in another country and will ask you to send them money. Often, they claim urgency and the need for secrecy. Testing, vaccine, and treatment scams: Scammers offer fake home test kits and “miracle" cures or vaccines, which do not exist. They may also target Medicare recipients by offering Covid-19 testing in an attempt to steal personal information. Checks from the government: Scammers claim to be from the IRS or another government agency and ask for your personal information or try to charge you fake fees for getting your stimulus check or offer you a way to get the money early. FDIC and banking: Fraudsters pretend to be from the Federal Deposit Insurance Corporation (FDIC) or your bank and say your bank account or your ability to get cash are in danger and ask for your personal information. Coronavirus scam examples - targeting charity workers Phishing. Fraudsters claim to be from a legitimate organization that can provide information that could assist local charities, such as a list of vulnerable people in the local area who may require support. The victim is invited to click on a link to access the information. This typically leads to a fake website or asks the victim to make a cryptocurrency (such as bitcoin) payment. Mandate fraud. For example, a charity employee working from home might receive an email that appears to be from a legitimate company providing services for the charity. The email requests that future payments be made to an alternative bank account controlled by the fraudster. Procurement fraud. This might involve the online sale to a charity or public health organization of vital personal protective equipment (PPE), such as face masks and gloves. Once the payment has been made, no products are delivered, or the products do not meet the required standards — the State of New York was a recent victim of PPE fraud. #info #EverythingsInfo

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