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

  • Integration Imagination: The Future of Connected Operations

    Security teams that collaborate cross-functionally and apply imagination and creativity to envision and design their ideal integrated ecosystem will have the biggest upside to corporate security and operational benefits. Read Now

  • Smarter Access Starts with Flexibility

    Today’s workplaces are undergoing a rapid evolution, driven by hybrid work models, emerging smart technologies, and flexible work schedules. To keep pace with growing workplace demands, buildings are becoming more dynamic – capable of adapting to how people move, work, and interact in real-time. Read Now

  • Trends Keeping an Eye on Business Decisions

    Today, AI continues to transform the way data is used to make important business decisions. AI and the cloud together are redefining how video surveillance systems are being used to simulate human intelligence by combining data analysis, prediction, and process automation with minimal human intervention. Many organizations are upgrading their surveillance systems to reap the benefits of technologies like AI and cloud applications. Read Now

  • The Future is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reason. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. But as the number of cameras grows and resolutions push from HD to 4K and beyond, the cloud’s limits are becoming unavoidable. Bandwidth bottlenecks. Latency lags. Rising storage costs. These are not abstract concerns. Read Now

  • Right-Wing Activist Charlie Kirk Dies After Utah Valley University Shooting

    Charlie Kirk, a popular conservative activist and founder of Turning Point USA, died Wednesday after being shot during an on-campus event at Utah Valley University in Orem, Utah Read Now

New Products

  • 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.

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.