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

  • Keynote Speakers Announced for ISC West 2025

    ISC West, hosted in collaboration with premier sponsor the Security Industry Association (SIA), unveiled its 2025 Keynote Series. Featuring a powerhouse lineup of experts in cybersecurity, retail security, and leadership, each keynote will offer invaluable insights into the challenges and opportunities transforming the field of security. Read Now

    • Industry Events
    • ISC West
  • Study: Video Doorbells Have a 71% Service Attach Rate

    Parks Associates recently announced a new white paper, Consumer IoT Product Development: Managing Costs, Optimizing Revenues, which provides companies with a business-planning blueprint to evaluate how a consumer IoT solution will perform across its lifetime. Subscription services, such as video storage and professional monitoring, can be critical for covering ongoing cloud and support costs Read Now

  • Michigan City Fights Retail Crime With AI-Powered Video Surveillance, 911 Camera Sharing

    To combat persistent retail crime and deliver peace of mind to workers in the bustling North Leroy Street business district, the City of Fenton Police Department has deployed a new AI-powered video surveillance system with camera-sharing technology to accelerate response time during retail heists or other emergencies. Read Now

  • TSA Intercepts 6,678 Firearms at Airport Security Checkpoints in 2024

    During 2024, the Transportation Security Administration (TSA) intercepted a total of 6,678 firearms at airport security checkpoints, preventing them from getting into the secure areas of the airport and onboard aircraft. Approximately 94% of these firearms were loaded. This total is a minor decrease from the 6,737 firearms stopped in 2023. Throughout 2024, TSA managed its “Prepare, Pack, Declare” public awareness campaign to explain the steps for safely traveling with a firearm. Read Now

Featured Cybersecurity

Webinars

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3