According to a recent warning of the U.S Secret Service, massive new fraud is posing new challenges for the state unemployment insurance in the country. The new cybersecurity challenge presents itself as a pandemic unemployment insurance scheme, through websites filing for unemployment insurance.
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According to the U.S Secret Service, a well-operated Nigerian crime ring may be behind this new scam, as it ends up costing millions of dollars in losses to state governments. Moreover, online tutorials informing people of ways to commit financial frauds have also come upon various telegram chat channels, increasing the potential threat for state governments.
Source: https://krebsonsecurity.com/
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