Fraudulent texts from postal services are now the most common cyber sham hitting phone-users during the pandemic.
How cyber criminals are targeting you through your text messages.
Parcel and Package delivery scams in the form of text messages are one of the most common forms of “smishing”, according to new data.
Smishing is a technique criminals use to target phone-users through texts that impersonate trusted organisations.
Often, these messages contain a link to a fraudulent website that looks very much like a company’s legitimate website.
Questions are then posed to prompt the victim to enter both their personal and financial information.
Katy Worobec, Managing Director of Economic Crime at UK Finance, says cybercriminals are capitalising on the pandemic, knowing that many consumers will be ordering goods online.
“We are urging people to always stop and think whenever you get a text message out of the blue before parting with your information or money,” Worobec says.
Cyber scammers targeting online shoppers
Data by cybersecurity company Proofpoint which was provided to the banking trade body UK Finance, says recent fraudulent cybersecurity saw millions of mobile users receive deceitful texts from postal delivery services.
The messages claimed a small payment was required from the victim to pay for an unpaid shipping fee.
“Always avoid clicking on links in a text message in case it’s a scam and forward any suspected scam text messages to 7726, which spells SPAM, so that the criminals responsible can be brought to justice,” Worobec says.
The data from Proofpoint also shows that within a 90-day period, 53 percent of fraudulent activity came from smishing attempts claiming to be delivery services.
Another 23 percent of messages claimed to originate from banks and financial institutions.
Worobec urges consumers to take advice from the Take Five to Stop Fraud campaign which reminds consumers to stop, challenge and protect themselves from such behaviours.
Sarah Lyons, NCSC Deputy Director for Economy & Society, also encourages mobile-users to be extra vigilant when encountering any suspicious tech messages.
“Scammers and cyber criminals regularly exploit well-known, trusted brands for their own personal gain, and sadly these latest findings bear that out,” Lyons says.
“These scam messages can be very hard to spot, so if you think you’ve already responded to a scam, don’t panic…there’s lots you can do to limit any harm.”
If you believe that you have encountered fraudulent cyber activity, report it to your state or country’s cybercrime security centre.
As businesses embrace cutting-edge tech, challenges like data sovereignty and AI are taking centre stage.
Over the past six months, the AI industry has seen significant advancements, with competing models such as Meta’s Luma and Google’s Gemini entering the market.
However, these developments come with a reality check. Building large language models (LLMs) requires substantial computing power and time, making immediate returns on investment unlikely.
One promising innovation is agentic AI, a step beyond generative AI, which enables proactive, automated solutions.
For instance, this technology could stabilise IT systems autonomously, diagnosing and resolving issues without human intervention.
Data sovereignty has also emerged as a key focus, with increasing emphasis on keeping data within national borders to comply with local laws. This has driven the adoption of sovereign clouds and private data centres, ensuring secure and localised data processing for AI development.
Deepak Ajmani, Vice President of ANZ & APAC Emerging Markets at Confluent, joins to discuss the evolving business landscape.
Key lessons and tips for seamless Copilot adoption
In this episode, Kate Faarland, the Senior Vice President of Data and AI Programs at AvePoint, discusses the importance of AvePoint’s data and AI program, internal challenges with implementing CoPilot, and the organisation’s learnings from rolling out CoPilot for their workforce.