Fraudsters are known to make the most of vulnerabilities, and they have seized the opportunity presented by the crisis in the wake of the pandemic.
Digital payments industry reports show that cases of fraud and phishing are on the rise since the covid-19 hit. Earlier this month, McAfee Labs, the threat research division of McAfee, the global computer security company, released a report titled “Covid-19: Malware Makes Hay During a Pandemic", which analyzed the pandemic-themed cyberthreats that have been emerging over the past few months.
The report stated that these threats typically leverage a phishing email delivery method, with coronavirus themes and messages, which are aimed at luring people into engaging and allowing these threats to