Cyber Newsletter: Popular Cyber Scams Series 1

Published: November 5, 2024

Investment Scam

"It looked like an easy way to make money"

Scammers may reach out claiming to have a guaranteed, no-risk strategy to turn an investment into huge financial gains. These investment opportunities often operate through financial apps or websites that appear legitimate. However, once the victim has committed funds to their “investment”, it may turn out to be fake, allowing the scammer to escape with the money.

HELPFUL TIPS

Be cautious of offers requiring less secure payment types like cryptocurrency. Research the investment company or platform before committing any funds. Never send money to someone you haven’t met in person.

Employment Scam

“I needed a job and this opportunity seemed perfect.”

When searching for work, people may come across fake job postings or be contacted by recruitment impersonators. These job offers typically advertise the ability to make money working from home with little time or effort needed. Common employment scams include package reshipping, mystery shopping and online assistant roles.

HELPFUL TIPS

Research the company or person who offered you the job before accepting. Watch out for companies that require you to pay an application or training fee. Be wary of jobs that hire you without a conversation or interview.

For more information about CWI’s organizational security please contact Michael Wilson at michaelwilson1@cwi.edu.

For more information about cyber awareness or cybersecurity, you can either contact Michael Wilson, Sara Hoyt at sarahoyt@cwi.educyberdefense@cwi.edu, or visit the Cyber Defense Center.

To report a possible cybersecurity issue, please submit a help desk ticket to IT.

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