Scams can come in the form of emails, advertisements, and websites. With so many out there it's important to be able to identify them! There are several different types of scam emails that often involve financial fraud, learning to identify them can save you and your business money. Some simple ways to protect yourself from these types of scams is to filter for spam on your email, following up with a telephone call and additional verification before approving requests, and staying alert for sudden business practice changes. Check out the examples to learn some identifying marks in scam emails to stay safe:
Fake Purchase Orders:
These types of scams come in the form of fake purchase requests and may appear to be sent from a vendor or business but actually contain a spoofed address. The Attn Sales example shows tell-tale signs, but they can be hard to detect. Be wary of generic salutations to keep yourself safe from fake purchase orders.
Wire Transfer Authorizations:
There are several different types of wire transfer fraud. Some key indicators and signs with these email frauds is the request being marked "urgent" or stressing urgent action. (In one recent example of a wire transfer fraud, a college in Virginia wired over $1,000,000 to an overseas account! As always, check the addressee of the sender and be wary of odd looking emails.
If you believe you’re the victim of a scam, please contact RIT Public Safety (585-475- 2853) as soon as possible.
For additional resources and information check out:
- Scammers pose as company execs in wire transfer spam campaign: http://www.symantec.com/connect/blogs/scammerspose-company-execs-wire-transfer-spam-campaign
- Cyber-Related Scams Targeting Universities, Employees, and Students: http://www.ic3.gov/media/2014/140505.aspx
- Cyber Thieves Steal Nearly $1,000,000 from University of Virginia College: http://krebsonsecurity.com/2010/09/cyber-thieves-stealnearly-1000000-from-university-of-virginia-college/
- Targeted Wire Transfer Scam Aims at Corporate Execs: http://blog.phishlabs.com/targeted-wire-transfer-scamaims-at-corporate-execs