While coronavirus anxiety is pervading the world, email attacks related to the pandemic are up 667%

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While coronavirus anxiety is pervading the world, email attacks related to the pandemic are up 667%

 

Photo credit: Reuters (Representative)

Photo credit: Reuters (Representative)

A total of 1,188 corona virus-related email attacks were detected in February and only 137 attacks in January.

  • IANS
  • Last updated: March 27, 2020, 10:29 am

Coronavirus COVID-19 email attacks have seen 667 percent more attacks since the end of February, according to a new report. A variety of phishing campaigns are leveraging increased focus on COVID-19 to spread malware, steal credentials, and defraud users out of money, according to the report by Barracuda Networks, a leading provider of cloud-enabled security and security Data protection solutions.

The attacks use common phishing tactics that are used regularly. However, an increasing number of campaigns use the corona virus as an attractant to induce distracted users to use the fear and insecurity of their intended victims. Between March 1 and 23, Barracuda researchers discovered 467,825 spear phishing email attacks, and 9,116 of these detections related to COVID-19, which is approximately 2 percent of the attacks.

By comparison, a total of 1,188 corona virus-related email attacks were detected in February and only 137 attacks in January. Although the total number of these attacks is still small compared to other threats, the threat is growing rapidly, the report added. Barracuda researchers said they saw three main types of coronavirus COVID-19-themed phishing attacks: fraud, brand identity, and trade-off compromise. Of the corona virus-related attacks that Barracuda Sentinel detected until March 23, 54 percent were fraud, 34 percent branded, 11 percent blackmail, and 1 percent business email compromise.