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Phishing Scams: Understanding the Latest Threats and Prevention

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Understanding Phishing Attacks

Phishing is a deceptive tactic employed by cybercriminals to trick individuals into revealing personal login credentials. New variations of these scams are continuously emerging, making it increasingly difficult to distinguish them from legitimate communication from businesses or organizations. In this article, I will discuss why this particular phishing scheme poses a significant concern for me as an IT business owner.

As we delve deeper, the content may get a bit technical, but I will strive to keep it accessible for all readers.

How This Phishing Scheme Operates

This particular attack utilizes fake email addresses that closely resemble genuine domains to mislead victims. Additionally, it creates counterfeit websites that are visually indistinguishable from authentic ones. These scammers even generate fraudulent forms and pop-ups to enhance the illusion of legitimacy. The most alarming aspect is that these newly created domains were not flagged by any security firms for a significant duration, allowing them to operate undetected.

The Nature of the Attack

In late 2021, Inky Technology, an email security company, began to identify new phishing email campaigns that had never been observed before, specifically those impersonating the Department of Labor (DoL). Reports of these fraudulent emails quickly escalated from zero to hundreds. According to Inky's findings, a significant portion of these phishing attempts originated from no-reply@dol[.]gov, directly mimicking the official DoL email address. Moreover, some messages were sent from no-reply@dol[.]com, which is not a legitimate government domain.

Other frequently used fraudulent addresses included:

  • dol-gov[.]com
  • dol-gov[.]us
  • bids-dolgov[.]us

The Objective of the Attack

The primary aim of these phishing emails is to deceive recipients into submitting their credentials by clicking on a button labeled “ongoing government projects,” which, in reality, do not exist. To lend credibility to the emails, they include a three-page PDF file. This document is designed to create an authentic appearance, with the second page containing a “BID” button that prompts users to access the DoL’s procedure portal. However, this button is a ruse that leads to a malicious link, complicating matters further as the attack does not consistently direct victims to the same domain.

Fake Domain Variants Identified by INKY:

  • opendolbid[.]us
  • dol-gov[.]com
  • bid-dolgov[.]us
  • us-dolbids[.]us
  • dol-bids[.]us
  • openbids-dolgov[.]us

After clicking the deceptive button, unsuspecting victims are directed to a convincingly real-looking website. Even when they fill out the fraudulent forms, the malicious actors have meticulously cloned the original site, making it nearly impossible to distinguish from the authentic one. They achieved this by replicating both the CSS and HTML codes of the genuine website, resulting in a visually identical experience.

The Ultimate Goal

Once the victim submits their credentials, they are prompted to log in with their Microsoft or business account information. In essence, this form is designed for ‘credential harvesting,’ tricking users into providing sensitive information.

Chapter 1: The Evolution of Phishing Attacks

Phishing tactics are constantly evolving, making it crucial to stay informed about the latest threats.

Beware! Scam Emails for Bids on Bogus Government Contracts

This video discusses the rise of phishing emails masquerading as legitimate government contracts. It highlights warning signs and preventative measures.

Chapter 2: Government Fraud and Its Impact

The implications of fraud on government systems can be severe.

State Stops $1.2 Billion Unemployment Fraud: High Income Jobs For All!

This video covers the recent efforts to combat unemployment fraud and the financial implications for government agencies.

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