The coronavirus pandemic introduces new opportunities for cybercriminals to exploit. These are the biggest threats security experts expect to see in the online fraud scam coronavirus pandemic
No good crisis is complete without people using it as an opportunity to take advantage of those affected, and there are some frightening scams we should look to avoid during the coronavirus pandemic. These threats are unique in some ways because, unlike other major economic downturns like the US housing crisis in the late 2000s, the COVID-19 outbreak has pushed far more people into depending on the internet.
Online fraud is obviously a constant threat but
it’ll be worse as we recover from the effects of the virus because of the large number of people who’ll simultaneously come out of this situation desperately looking to bolster their income. Unemployed people will seek jobs or loans. Employed people who endured pay cuts or fewer hours will be playing catch-up. Business owners will look for ways to improve their bottom lines. It affects virtually everyone, which means everyone is a potential target.
How To Stay Safe From Cyber Threats During The Pandemic
The good news is we can avoid these threats without changing much from a security perspective right now. The primary thing is to stick to sources and places that have already established familiarities. Try not to suddenly pick up new behaviors online (at least not without being vigilant). People who wouldn’t normally apply for a credit card because of a random email or phone call should continue to avoid that course of action. If the idea of a person calling and advising moving money from one account to another would seem fishy in normal times, it’s still fishy now. Anyone signing up for new online services due to the time spent online should maintain a variety of good passwords and use two-step authentication when possible. Don’t let economic struggles impact good judgment. The stimulus scams specifically can easily be avoided by filing taxes ASAP. It’s worth doing anyway since that’s one of the barriers to eligibility for the financial relief payment in the first place, but in this case, procrastination could be a huge financial risk.