As the sports spectacular fast approaches it is time to be on high alert for Rio Olympics email scams. The Olympics have not yet started, but the scammers have certainly been active. Many new Rio Olympics email scams have been spotted in recent weeks and the number will certainly increase as the opening ceremony draws closer.
Any large sporting event that attracts massive global media interest is a good opportunity for scammers. With sports fans hungry for news of the latest events, information about competitors, or the latest betting odds, it is all too easy for the guard to be let down. A scramble for last minute tickets sees scammers rake in hundreds of thousands of dollars.
Many scammers feel that the Olympics is shooting fish in a barrel season. Which sadly it is.
Kaspersky Lab has reported that the first Rio Olympics email scams were uncovered as early as 2015; however, as the opening ceremony draws closer activity has increased by several orders of magnitude. In the UK, Action Fraud – the National fraud reporting body – has already received reports of 47 cases of fraud relating to the Rio Olympics, which has resulted in attackers gaining more than £300,000 ($392,800) in funds.
Watch out for these Rio Olympics Email Scams
The Rio Olympics email scams are as diverse as the events being competed over the 17-day competition. It is therefore a time to be particularly cautious.
Criminals are after bank details for fraudulent transfers, credit card details to make purchases, personal data for identity theft, and login credentials for all manner of nefarious activities. It is a time for everyone to be on their guard. Be prepared for a barrage of Rio Olympics email scams over the next few weeks and keep your wits about you online.
Fake Tickets Scams
The price of a ticket to the opening ceremony will cost anywhere between $60 to $1,400, although touts are offering tickets at vastly inflated prices. Ticket prices to see the most popular events can cost several thousand dollars. If a scammer can get a victim to part with their hard earned cash it could potentially be a big payday. If you are still planning on attending and you haven’t yet purchased a ticket, only buy from official sellers.
Scammers have already registered a host of official-looking domain names to fool the unwary into purchasing tickets and parting with their credit card numbers. The websites use official logos that have been lifted from the Internet and appear genuine. Fake or cheap SSL certificates are also purchased making the connections appear secure, yet checks may not have been performed on the company. A SSL (website starting with https) does not guarantee it is genuine. Before parting with your money, at least perform a WHOIS search on the domain owner. Fake domains have usually been purchased in the past few weeks or months. Also perform some online checks to make sure the website is genuine.
Be aware that just because a website ranks highly in the search engines it doesn’t mean it is legitimate. Many scammers use search engine poisoning to increase the rank and position of their websites. They may even appear above those of official ticket vendors.
Many Rio Olympics email scams direct sports fans to unofficial ticket sellers and scam websites. You will at best pay over the odds for a ticket, but most likely you will just be giving your money to a scammer and no tickets will ever arrive in the post.
Congratulations! You Have Won!
If you receive an email informing you that you have won (insert amazing prize here), chances are it is a scam. If it sounds too good to be true, it most probably is. While many Rio Olympics email scams attempt to get individuals to disclose bank details and credit card information, a great deal attempt to obtain money by other means.
Many Rio Olympics email scams direct users to official looking scam websites. Be very careful about disclosing any information on any website during the Olympics.
Emails are sent with fake attachments which, if opened, will infect the email recipients’ computer with malware or ransomware. Malware can log keystrokes and obtain login credentials. Ransomware will encrypt files and a ransom must be paid in order to obtain decryption keys. Links contained in websites often direct users to malicious websites where drive-by malware downloads take place.
Olympics and Zika News
If you are a sports fan and you want to follow the latest news, search for sports sites online and bookmark the pages. Do not click links contained in emails that are delivered to your inbox or spam folder. Many people click on any links contained in emails that seem interesting. Doing so could prove very costly. Scammers are sending out fake news emails or links to legitimate stories. Those links do not direct the recipient to news websites, but to sites loaded with exploit kits which download malware and ransomware onto users’ computers.
Fake Prize Draws
Social media is awash with offers to enter prize draws to win tickets to the Olympics. Be exceptionally careful about disclosing any personal information on social media sites. Scammers often use fake prize draws to obtain sensitive personal data. Those data can be used for future email scams, or to gain access to online accounts. Phishing campaigns are rife during the Olympics.
Fake lottery scams are also commonplace. Emails are sent out in the millions telling recipients they have won a prize draw or lottery. To claim the winnings, it is necessary to pay an admin fee and disclose credit card details or provide bank details for the transfer along with other sensitive information. The golden rule is: If you have not entered the draw, you cannot have won it. If you are asked to make a payment in order to receive winnings it is likely a scam.
If in any doubt as to the legitimacy of an email, delete it. Chances are you have not won a competition you have not entered and you are not lucky enough to have won an all-expenses paid trip to Rio to see the Olympics. It is likely to be one of the many Rio Olympics email scams currently circulating cyberspace.
Protecting Employees and Networks from Attack
Businesses need to take care to protect their networks and prevent their employees from inadvertently downloading malware or giving attackers a foothold in their network. There are plenty of malicious actors that will be using the frenzy surrounding the Rio Olympics to conduct their nefarious activities.
One of the best defenses against Rio Olympics email scams – and other malicious email spam in general – is to use a robust email spam filter such as SpamTitan. SpamTitan blocks 99.97% of email spam, preventing malicious emails from being delivered to end users.
To find out how SpamTitan can help you improve your security posture and prevent malware, ransomware, and phishing emails from being delivered to your employees, give the TitanHQ sales team a call today.