ICC warns of scammers exploiting Covid-19

The International Chamber of Commerce (ICC) has warned of scammers exploiting the Covid-19 crisis by carrying out fraudulent activities and cyberthreats.

In the April 2020 edition of ICC’s IMB Commercial Crime International (CCI) Report, ICC highlighted  a number of attempts by fraudsters to exploit of the current situation to their advantage.

The UK’s National Fraud Intelligence Bureau (NFIB) advised that most reports related to online selling scams – in particular hand sanitiser and face masks which never arrive.

There had also been a rise in coronavirus-related phishing messages, sent from parties purporting to be health authorities, tax officials, news providers and those offering investment opportunities to take advantage of the pandemic.

Reports from Interpol talk of fraudsters cold-calling and posing as hospitals or clinics demanding funds in order to treat loved ones or relatives.