The Covid-19 crisis has been exploited by Fraudsters, skyrocketing the number of attacks perpetrated, and our Fraud reduction Intelligence Platform detected an unusually high level of scammers using phishing emails to profit from the coronavirus outbreak.
Phishing campaigns usually begin with a fake email containing a link to an “apparently legitimate” site for the purpose of tricking banking customers and impersonating them, but other phishing techniques are also being used, such as phone calls (Vishing), SMS (Smishing) and social media platforms.
Even though the logos and content of this website may seem authentic, it is a fake banking site, and once users log in and enter their sensitive information (such as bank details), they’ve been PHISHED and their accounts are already compromised.
We have created this site to help companies and members of the public to stay safe at such an uncertain time and to bring you as much information as possible about how to fight online banking fraud effectively during this pandemic.
Asaf Jacobi · EMEA Solution Architec Director
Mateusz Chrobok · VP of Behavioral Product
May 6 2020 | English · 60 mins
While nations around the world are doing all that they can to lessen the impact of the coronavirus pandemic, fraudsters – true to form – have identified it as an opportunity to make money and are actively using COVID-19 as a way to cash. Indeed, in February in the UK alone, Coronavirus-themed scams targeting both individuals and companies caused losses of over £800,000 (the equivalent of nearly €1million). There are no depths to which these criminals won’t stop, so we expect them to keep using the virus outbreak to their advantage. This webinar will give you an idea of what to look out for and the most effective way to be protected.
Discover how to report potential phishing campaigns using the buguroo Phishing Reporting Service and help to protect many more people from being affected.
In the unfortunate event that you have received an email you’re not quite sure about, you can trust the buguroo Fraud Services, to investigate. Our fifteen years of experience in fighting fraud means we can provide a foolproof verdict regarding the legitimacy of the site or email.
buguroo offers the most comprehensive solution available for combatting online banking fraud. Using a combination of Behavioral Biometrics, Malware detection and device assessment technology, we create a unique biometric profile for each user accurately, swiftly and thoroughly, detecting the highest number of online fraud use cases on the market, including but not limited to Phishing, Account takeover, Banking Malware, New Account Fraud.
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