Security Warning: Escalated Scam Activity Discovered During International Back-to-School Season - IT News Africa | Business Technology, Telecoms and Startup News

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As students worldwide gear up for the impending back-to-school season, Kaspersky's team of cybersecurity experts have uncovered an alarming..

As students worldwide gear up for the impending back-to-school season, Kaspersky’s team of cybersecurity experts have uncovered an alarming increase in fraudulent activities. Preying on the frenzy surrounding academic preparations and purchases, cybercriminals launch sophisticated phishing campaigns targeting students, educators, and administrators alike.One of the scamming tactics employed by fraudsters is the creation of fake giveaways promising students a chance to win a laptop.

In another version of this scam, individuals are prompted to share a specific link leading to a page with a prize-draw with 15 contacts through WhatsApp. Subsequently, they are required to engage in the draw by registering via SMS. The allure of winning a laptop or another valuable item is the bait, but there is a catch: winners are informed that they must cover the delivery costs for their supposed prizes. This demand for additional payment serves as a distinct indicator of a fraudulent scheme.The prospect of winning a laptop or other valuable items acts as the enticement.

In order to take advantage of this aid, students are asked to provide personal information, including sensitive data like Social Security numbers and bank details. This information is later used for identity theft and financial fraud.To stay safe against education fraud, Kaspersky experts also recommend:Exercise caution when encountering “too good to be true” offers, especially if they require payments or personal information upfront.

 

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