British Cyberspies Expose Thousands of Get-Rich-Quick Scams

Illegal ventures by online fraudsters are believed to have cost the British public around £200 million in 2018 alone, as the criminals go to great lengths to lure gullible citizens to their phishing websites.

UK cybersecurity pros have blocked or outright removed hundreds of thousands of “get-rich-quick” sites that boast of bogus endorsements from celebrities like billionaire investor Sir Richard Branson and singer Ed Sheeran, The Times reported.

The National Cyber Security Centre (NCSC), which is part of GCHQ, combed through and finally took down over 300,000 malicious links to bogus schemes in four months, with the agency warning the public to be wary of them.

Emails and paid-for digital ads lure users into clicking on hyperlinks to hoax websites featuring fake “get-rich-quick” offers, the specialists explained. In particular, netizens are encouraged to click a link to invest or donate, but the money automatically goes to cybercriminals.

One of the instruments the scams have been widely exploiting is presenting the targeted victims of the schemes with mocked-up news articles featuring celebrities – with Martin Lewis, the consumer champion, and Akshay Ruparelia, the self-made multimillionaire and entrepreneur, among them.

Full article on https://nationalcybersecuritynews.today/british-cyberspies-expose-thousands-of-get-rich-quick-scams-cyberfraud-criminal-cybercrimnals/

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