Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

State: Cybercrime on the Rise During Pandemic, Caution Urged

State securities officials say cybercrime including email attacks are on the rise during the pandemic, and they’re warning people to be careful online.

State securities officials say cybercrime including email attacks are on the rise during the pandemic, and they’re warning people to be careful online.

A statement from the Alabama Securities Commission says social engineering attacks have been increasing with more people working at home and children using virtual learning because of the coronavirus outbreak.

The agency says “phishing” attacks are a particular threat. That’s when scammers mimic a legitimate source in an attempt to access personal information, often by email. Many of the attacks try to create a sense of urgency by making people think information or financial accounts are at risk.

Commission Director Joe Borg said information is more accessible than ever, leading to potential problems.

“A hacker obtaining access to your investment accounts is the equivalent to a thief finding your house key under your front door, entering your home with ease and robbing you of your prized possessions,” Borg said in the statement.

Emails that include misspellings, grammatical errors, generic greetings, unbelievable claims and requests for personal information are risky, the agency said.

Related: UN Reports Sharp Increase in Cybercrime During Pandemic

Related: Interpol Warns of ‘Alarming’ Cybercrime Rate During Pandemic

Related: Alabama City to Pay $300,000 Ransom in Computer System Hack

Related: Alabama Hospital System Halts Admissions Amid Malware Attack

Written By

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Expert Insights

Related Content

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

Cybercrime

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Cybercrime

The FBI dismantled the network of the prolific Hive ransomware gang and seized infrastructure in Los Angeles that was used for the operation.

Malware & Threats

Microsoft plans to improve the protection of Office users by blocking XLL add-ins from the internet.

Cybercrime

A new study by McAfee and the Center for Strategic and International Studies (CSIS) named a staggering figure as the true annual cost of...

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Application Security

PayPal is alerting roughly 35,000 individuals that their accounts have been targeted in a credential stuffing campaign.

Cybercrime

CISA, NSA, and MS-ISAC issued an alert on the malicious use of RMM software to steal money from bank accounts.