Cyber criminals who passed through government agencies and universities in Singapore stole assets worth $749,000 after inciting corporations to hand them over.
The Straits Times, a Singaporean newspaper, reported that police had won on procurement order (PO) scam reports since August.
Corporations describing the products allegedly won emails purportedly sent from a generic email address, or the sender knew himself as a purchasing manager.
The products ordered included electronic components, medical devices such as automatic external defibrillators, PC parts and laser projectors. After the sales company agreed to ship the parts, a fake order was sent to the company, but no payment was made.
Investigators said they tracked delivery addresses to purchase orders from freight carriers that are commonly used through scammers to ship goods to the UK and Nigeria, the newspaper reported. Like many cybercriminals, these thieves used email addresses that were different from the domain names used through government agencies and schools.
A police spokesman said that, in case of doubt, corporations verify the sender’s domain call and also call the organization to their official contact number instead of the one provided in the email. Researchers also recommended looking for signs such as spelling errors and delivery addresses that are personal. residences, freight forwarders or free storage facilities.
Singapore is the only country dealing with online theft. More than US$200,000 has lost $145 million similar to the COVID-19 pandemic since the beginning of the year, the Federal Trade Commission (FTC) reported last month.
The fraud exploded the coronavirus, caused by the great virtual change that left the doors open to scammers. Additionally, many other people were banking online for the first time and may not have noticed the warning signs of fraud.
“While other people fear for their fitness and finances, scammers spend a day in the field,” said Lucy Baker, a customer program associate in the US. U. S. , CNBC Education Fund. PIRG. ” We all have to be on guard. Click, pause first. Do your studies and ask yourself if this website, email, text message, direct message or call is legitimate. Be careful not to pass your cash or non-public information.
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