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CybersecuritySecurity NewswireCybersecurity News

FBI: Online Extortion Scams Increasing during Coronavirus

coronavirus
April 23, 2020

The Federal Bureau of Investigation (FBI) has posted a Public Service Announcement (PSA) noting that the Internet Crime Complaint Center (IC3) has seen an increase in reports of online extortion scams during the current "stay-at-home" orders due to the COVID-19 crisis.

Because large swaths of the population are staying at home and likely using the computer more than usual, scammers may use this opportunity to find new victims and pressure them into sending money, says the FBI.

The scammers, according to the FBI, are sending e-mails threatening to release sexually explicit photos or personally compromising videos to the individual's contacts if they do not pay. While there are many variations of the online extortion attempts, the FBI says, they often share certain commonalties, such as:

  • The online extortion attempt comes as an e-mail from an unknown party and, many times, will be written in broken English with grammatical errors.
  • The recipient's personal information is noted in the e-mail or letter to add a higher degree of intimidation to the scam. For example, the recipient's user name or password is provided at the beginning of the e-mail or letter.
  • The recipient is accused of visiting adult websites, cheating on a spouse, or being involved in other compromising situations.
  • The e-mail or letter includes a statement like, "I had a serious spyware and adware infect your computer," or "I have a recorded video of you" as an explanation of how the information was allegedly gathered.
  • The e-mail or letter threatens to send a video or other compromising information to family, friends, coworkers, or social network contacts if a ransom is not paid.
  • The e-mail or letter provides a short window to pay, typically 48 hours.
  • The recipient is instructed to pay the ransom in Bitcoin, a virtual currency that provides a high degree of anonymity to the transactions.

The FBI also offered some tips to help protect against the scams:

  • Do not open e-mails or attachments from unknown individuals.
  • Monitor your bank account statements regularly, and your credit report at least once a year for any unusual activity.
  • Do not communicate with unsolicited e-mail senders.
  • Do not store sensitive or embarrassing photos or information online or on your mobile devices.
  • Use strong passwords and do not use the same password for multiple websites.
  • Never provide personal information of any sort via e-mail. Be aware that many e-mails requesting your personal information appear to be legitimate.
  • Ensure security settings for social media accounts are activated and set at the highest level of protection.
  • Verify the web address of legitimate websites and manually type the address into your browser.
KEYWORDS: crime increase cyber security FBI fraud scams

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