spam email inbox

Research: Americans Should Watch Out For Hacking Campaigns Related to Stimulus Bill, Economic Recovery

Cyber attackers have already attempted to profit off of spam websites selling fake coronavirus cures. Now, hackers will turn toward Americans’ thirst for information about stimulus checks and financial aid.

Now that President Trump has signed a $2 trillion stimulus package providing emergency aid to people and businesses affected by the coronavirus pandemic, internet users can expect hackers to use those topics to trick people into downloading malware.

That’s the findings of cybersecurity firm FireEye, which released a threat assessment on Friday, when Trump signed the bill into law.

“We anticipate attackers will increasingly leverage lures tailored to the new stimulus bill and related recovery efforts such as stimulus checks, unemployment compensation and small business loans,” FireEye researchers wrote. “We expect future campaigns—primarily those perpetrated by financially motivated threat actors— to incorporate these themes in proportion to the media’s coverage of those topics.”

The cybersecurity company’s findings should come as no surprise to Americans who have noticed an uptick in scam websites selling fake cures and vaccines for COVID-19 or received emails from individuals posing as health experts from the Centers for Disease Control and Prevention.

Now that more Americans will be using search engines to find information about stimulus checks or other financial assistance, hackers will likely pose as government agencies in an effort to steal credit card information or Social Security numbers.

While there have not been widespread malware campaigns yet, FireEye and other cybersecurity researchers have already identified some campaigns with economic recovery themes promising users payments or grants if they download an attachment or enter their financial information.

On March 18, the researchers report, several individuals at corporations across North America, notably many in Canada, received an email titled “COVID-19 Payment” with an attached Microsoft Word document. Once the document was opened, it would trigger the download of a .JSE file that would initiate the SILENTNIGHT banking malware, according to FireEye.

“The threat actors exploiting this crisis are not new, they are simply taking advantage of a particularly overtaxed target set that is urgently seeking new information,” the FireEye report reads. “Users who are aware of this dynamic, and who approach any new information with cautious skepticism will be especially prepared to meet this challenge.”

These campaigns may be just beginning, but the same rules apply for practicing good cybersecurity. Users should avoid opening messages or attachments from email addresses they do not recognize and resist sending any financial information by email or online. Even if the email appears to be coming from a respected colleague or friend, double check with the person before carrying out any financial transaction as their email may be “spoofed” by a hacker.

About the Author

Haley Samsel is an Associate Content Editor for the Infrastructure Solutions Group at 1105 Media.

Featured

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • New Report Says Vulnerability Exploitation Boom Threatens Cybersecurity

    Verizon Business recently released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analyzed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over 2022. Read Now

  • In The Clouds

    Video data storage in the cloud was a novel concept when Dean Drako founded Eagle Eye Networks back in 2012. While cloud was being used for almost all other business systems at that time, the physical security industry took a cautious and measured approach to cloud adoption. Read Now

  • Surveillance Cameras Provide Peace of Mind for New Florida Homeowners

    Managing a large estate is never easy. Tack on 2 acres of property and keeping track of the comings and goings of family and visitors becomes nearly impossible. Needless to say, the new owner of a $10 million spec home in Florida was eager for a simple way to monitor and manage his 15,000-square-foot residence, 2,800-square-foot clubhouse and expansive outdoor areas. Read Now

Featured Cybersecurity

Webinars

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions. 3

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction. 3

  • Hanwha QNO-7012R

    Hanwha QNO-7012R

    The Q Series cameras are equipped with an Open Platform chipset for easy and seamless integration with third-party systems and solutions, and analog video output (CVBS) support for easy camera positioning during installation. A suite of on-board intelligent video analytics covers tampering, directional/virtual line detection, defocus detection, enter/exit, and motion detection. 3