Cyber Security

CyberKick Releases its Q3 2022 Consumer Online Scam Report

Scams Remain in Play as Consumers Remain Vulnerable

Safe-T® Group Ltd. (Nasdaq: SFET) (TASE: SFET) (“Safe-T” or the “Company”), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today provided some highlights of the latest online security threats consumers are facing in a new Consumer Online Scam Report published by CyberKick Ltd., its cybersecurity and privacy unit for consumers (“CyberKick”). The new report was prepared by CyberKick’s cybersecurity team and is based on a comprehensive review and analysis of malicious activities detected by the CyberKick’s 24x7x365 data analysis program.

The report highlights several social engineering scams currently widespread in cyberspace, including:

Email invoice scams: This is a type of scam where the perpetrator sends an email purporting to be from a legitimate company, asking the recipient to click on a link to view an invoice. The link leads to a malicious website that may install malware on the victim’s computer or phish for personal information. This type of scam is particularly common during tax season, when scammers impersonate well-known service tax preparation companies to trick people into giving up their personal financial information.

Online shopping scams: This scam is a fraudulent scheme that takes place on the internet, typically involving the use of a counterfeit or stolen credit card to make purchases. Scammers may also set up fake websites that resemble legitimate online retailers to trick shoppers into providing personal and financial information.

Phishing scams: These scams involve offenders sending out emails or text messages that appear to be from a legitimate source, such as a bank or a service provider. The message will usually contain a link that connects the victims to a fake website where they are asked to enter personal or financial information.

Identity theft: This type of scam occurs when someone obtains another person’s personal information, such as their name, Social Security number, or bank account number, without their permission and then uses it to commit fraud.

“In the coming years, cyber-attacks will only become more sophisticated, with consumers becoming more vulnerable targets. Attackers keep changing their method of operation according to online trends such as email invoicing, online shopping during November and more,” said Eitan Bremler, VP Product Strategy, Marketing at Safe-T. “It is our goal to keep our customers informed regarding new threats and to offer them advanced solutions to avoid such threats.”

The full copy of the report can be found here. For more information about the CyberKick products and solutions and how to avoid falling victim to online threats, please visit:

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