New research from MailGuard says that Australians businesses are popular targets for scams and brandjacking and in the last few weeks alone, two massive fraud influxes from ASIC email scams.
The scams contained malware and originated from both a domain in China, as well as a domain in Cyprus.
MailGuard says that there’s something of a pattern to brand hijacking, also known as brandjacking: The larger the customer base, the larger the potential victim pool.
“Criminals go where the targets are,” comments MailGuard CEO Craig McDonald.
“That’s why well-known brands with loyal customer bases are frequently in cybercriminals’ sights.”
MailGuard has intercepted many different email-based scams this year and has compiled a list of some of the most common.
Common seasonal scams targeting Australia
Anatomy of an attack