How Does The Scam Work?
The Business Email Compromise SCAM uses emails as the main weapon. The criminal may spoof an email account or website to appear to be legitimate. The emails may have an extra period or a slight variation in spelling. The criminal is hoping that the “mistake” will go unnoticed with all of the other emails received every single day. Another trick is to send spearphishing emails. These messages look like they are from a trusted person, but are actually designed to trick victims into giving up personal information like account numbers, passwords and other data to help them finish out the Business Email Compromise SCAM. Malware is another way to gain personal information. Malicious Software (malware) can be sent to accountants or other financial offers using a spoofed email. The malicious email will look legitimate but will most like have a link that will allow the criminal to download software onto the computer to gain access to the victim’s data. The ultimate goal is to gain passwords or financial account information.
How To Protect Yourself & Your Accounts.
1. Carefully examine all emails. Look at the URL, spelling, and domain name.
2. Don’t click and download anything. If it does not look legitimate, don’t click on it.
3. If you are expecting an email from the company, call the company and make sure that they sent the email you received.
4. Don’t share personal information online like your birthday, pets’ names, and mother’s maiden name as this information can be used to guess passwords or security questions.
5. Set up two-factor authentication.
6. Never act quickly when it comes to sending someone money online. Take a little time to research.
If you have email fwith Planetguide, give us a call and we can go over what steps you can take to protect your company from Business Email Compromise SCAMS. Call us today at 504-888-5384