Blog
  • Register

Endpoint I.T. Blog

Scammers Can Use Gift Cards to Target Your Company

Scammers Can Use Gift Cards to Target Your Company

Ready or not, the season of giving is here, and that means it’s gift card season. These can seem to be the perfect gift for coworkers and employees… which is why everyone will need to be wary of a particular business email compromise scam that has seen an uptick this year.

Some Background
Let’s face it - business owners, managers, and employees often feel the need to recognize the holiday season with some small gift or trinket given to their teammates.

However, some office relationships are strictly based around office matters, which makes gift-giving difficult. Moreover, the people who generally would be distributing gifts to the entire office - management - probably don’t have the time to select a well-thought-out gift for each employee. Frankly, in circumstances like these, the best gift is one that the recipient can pick out for themselves.

Hence, the popularity of gift cards in the workplace, and the reason that these scams can work so well.

How the Scam Plays Out
A cybercriminal carrying out this scam will leverage email spoofing and social engineering to pose as one of a company’s higher-ups, like the president or the CEO. Using this persona, the scammer then reaches out to an employee with a request to buy gift cards for the staff. Seeing as this request is “from the boss,” and these emails are typically directed to upper members of the business and accounting staff, the employee complies.

Inside the email, the scammer instructs the employee to provide the codes from the gift cards, allowing them to redeem them and make their own use of them. Since gift cards are an untraceable form of currency, the scammer gets away with it with very little effort.

How to Avoid Being Scammed
When it all comes down to it, the best defense is old-fashioned vigilance. Everyone in the company needs to be aware of threats like these and know how to spot them.

Most crucially, there needs to be a companywide understanding that any claims like this need to be substantiated through a second means of communication. While a twenty-second phone call may sound more like a pain than anything else, it is nothing at all compared to the stress and hassle of being scammed.

Scammers are only getting more clever. For assistance in keeping yourself safe, turn to the professionals at Endpoint I.T.. Call (409) 835-1600 today.

The Unofficial Guide to Comprehensive Google Accou...
Tip of the Week: 5 Ways IT Adds to Business Succes...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Thursday, March 21, 2019

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Best Practices Technology Business Computing Privacy Network Security Productivity User Tips Microsoft Tech Term Smartphones Google Cloud Cybersecurity Email Efficiency Data Internet Malware Communication Communications Hardware Passwords Backup Android Mobile Devices IT Services Software Innovation Wi-Fi IT Support Mobile Device Windows 10 Browser Ransomware Small Business Data Recovery Data Backup Collaboration Network Outsourced IT Business Management Business Hackers Managed IT Services Users VoIp Managed IT services Social Media Workplace Tips Smartphone Saving Money Holiday Applications Internet of Things Hosted Solutions Wireless Cloud Computing Networking Word Router Miscellaneous Patch Management Marketing Information Settings Chrome Computer Blockchain Access Control Business Intelligence Microsoft Office Employer-Employee Relationship Managed Service Law Enforcement Wireless Charging Computers Data Security Automation Apps Tip of the week Virtualization Mobility Compliance Dark Web Scam Twitter Artificial Intelligence Data Breach Password Battery Phishing Save Money Business Continuity G Suite Cost Management Government How To Excel Managed IT Service Bandwidth Virus Remote Computing Paperless Office Cortana Remote Monitoring and Management VPN Data Protection Facebook Physical Security Office 365 Analytics BDR Medical IT Data Management Website Gmail Virtual Assistant Connectivity Tech Terms Paper Spyware Vulnerabilities Data loss Tech Support File Sharing Company Culture Eliminating Downtime Mobile Security App Botnet Alert Voice over IP Movies Microsoft Office 365 Big Data Backup and Disaster Recovery Specifications Tactics Network Attached Storage Workers GDPR Edge Tablet disposal Voice over Internet Protocol Ink HP Cryptocurrency Spam User Security Managing Stress BYOD IT budget Operating System Remote Monitoring User Tip WannaCry Personal Information Authentication Troubleshooting Hard Drives News Conferencing Maintenance Plug-In Server Training Millennials Streaming Media Storage Dongle WhatsApp Knowledge Value PowerPoint Document Management Antivirus Travel Business Technology Wireless Internet Proactive IT HIPAA E-Commerce Machine Learning Vulnerability eCommerce Unified Communications Authorization Update Laptop SSD Telephone System Office Internet Explorer Security Cameras Downloads Error Remote Support Sports Reporting Time Management Staff Managed IT Education Bring Your Own Device Help Desk IT Management Files Threat Hard Drive Payment Online Shopping RAM Outlook Cleaning Content Filtering Lead Generation Wearables Server Management Apple Trends Retail Database Amazon Telecommuting Digital Chrome OS Websites Live Streaming Environment Hybrid Cloud Upgrade Politics Printing Analysis Processors instant Messaging Telecommute Licensing Microsoft Teams Profitability Inventory Healthcare VoIP iPhone Telephony A.I. Touchscreen Technology Tips Gadgets Comparison Cybercrime SaaS Safety Sales e-waste Cables Certification Printers WiFi Emergency Regulation Windows 7 Thank You Quick Tips Congratulations Disaster Recovery

Newsletter Sign Up

Latest News & Events

Endpoint I.T. is proud to announce the launch of our new website at http://www.endpointtx.com. The goal of the new website is to make it easier for our existing clients to submit and manage support requests, and provide more information about our ser...

Contact Us

Learn more about what Endpoint I.T. can do for your business.

Call Us Today
Call us today
(409) 835-1600

595 Orleans Street
STE 1111

Beaumont, Texas 77701