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Fraudsters Steal £58m in 2021 Via Remote Access Tools

You are here: Home / General Cyber Security News / Fraudsters Steal £58m in 2021 Via Remote Access Tools
April 11, 2022

Scammers who tricked victims into handing them regulate of their PCs managed to steal almost £58m final 12 months, in accordance to official UK police figures.

Some 20,144 people today fell sufferer to these “remote entry tool” (RAT) frauds in 2021, according to Action Fraud, the country’s national reporting centre for fraud and cybercrime.

Getting rid of on ordinary close to £2800 per incident on normal, the total losses amounted to £57.8m previous yr.

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These attacks frequently start out with victims currently being bombarded with pop-ups on their screens, boasting that there is a problem with the laptop. That could possibly, in switch, ask for end users phone a ‘hotline’ range which is really operate by fraudsters, who will persuade the sufferer to down load a remote access software.

This is akin to a common “tech support” fraud. Nevertheless, other variants may possibly contain scammers cold-contacting victims pretending to get the job done for their financial institution and declaring they want to access the laptop or computer to terminate a fraudulent transaction.

In both circumstance, access to the victim’s Personal computer or cell device may possibly enable the scammers to obtain banking information or download data-stealing malware with the exact same conclude intention.

One particular sufferer shed about £20,000 right after a scammer posing as a Sky staff persuaded them to obtain a RAT to correct a non-existent trouble with their Tv. This enabled them to accessibility their bank account.

Another misplaced £1000 right after a fraudster pretending to do the job for Amazon tricked them into downloading a RAT to enable them method a payment for an Amazon Primary membership.

“While remote accessibility instruments are secure when utilized legitimately, we want the community to be conscious that they can be misused by criminals to perpetrate fraud. We usually see criminals posing as authentic enterprises in get to trick men and women into handing around regulate of their computer or smartphone,” warned detective main inspector Craig Mullish from the Town of London Police.

“You ought to only put in application or grant remote entry to your personal computer if you are questioned by somebody you know and trust, such as a pal or family member, and under no circumstances as a end result of an unsolicited simply call, browser pop-up or textual content message.”


Some parts of this posting are sourced from:
www.infosecurity-journal.com

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