Beware of this new 'payslip' email scam: Here's what you need to know
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Here at the Seniors Discount Club, we're all about keeping our members updated regarding the latest scams and tricks cybercriminals are running — so today, we have another critical warning.
Online security solutions provider MailGuard is alerting Aussie workers (and recent retirees) of a new DocuSign email scam that could put your personal information at risk.
DocuSign is an online service where people can view and sign agreements electronically.
It eliminates the need for hard copies and comes with the convenience of online services, such as easier accessibility and storage, which is why it’s unsurprising that many businesses use it.
Unfortunately, scammers have taken note of that fact too.
‘The email looks similar to what you would expect from a DocuSign alert and uses its logo and disclaimers,’ MailGuard said.
‘The email lands in inboxes with the subject line “Reminder: Please DocuSign: [Company Name] Payslips/ Payroll – February 2023”.’
‘In the header, the recipient is informed “[Company Name] sent you a document to review and sign”.’
According to MailGuard, the attack uses the target’s workplace (former or current) or business name to convince victims of its legitimacy.
‘They’ve attempted to make the email appear as though it’s a business alert by making the sender name “[Company Name] Docs”,’ the firm said.
‘The attacker has also made it appear as though the email has been sent from an account at the recipient’s company, adding further plausibility to this being a genuine alert. ‘
In the email, the victim is directed to the ‘Review Documents’ button, which is where the trap springs into place.
After clicking on the link, MailGuard says they will be taken on what appears to be a login screen for Microsoft Office 365. Their passwords will be required.
‘If the victim enters their password, they’re shown an error message which states that their password is incorrect,’ MailGuard said.
‘At this point, their credentials have been harvested by the hacker.’
An unsuspecting user would probably try again and again or even give up and decide to try again later, but MailGuard pointed out that scammers may very well have already breached the victim’s account once they entered their password the first time.
‘In this time, the hacker may be logging onto their account and accessing sensitive emails and files, or communicating with other employees, clients, or suppliers in business email compromise attacks,’ the firm said.
‘MailGuard advises all recipients of this email to delete it immediately without clicking on any links.’
‘Providing your personal details can result in your sensitive information being used for criminal activity and may have a severe negative impact on your business and its financial well-being. ’
According to data from Scam Watch, Australians lost an estimated $24.6 million to similar phishing scams in 2022.
Phishing scams like this most recent one delivered via email were the third highest in terms of the amount lost at $3.6 million.
Text messages and scam calls were the top phishing scam methods for last year, with the two modes said to have led to the loss of $17 million to scammers.
We strongly urge all of our members to be very vigilant in line with scam emails like this one and to steer clear of any suspicious messages or links.
As always, watch out for the classic warning signs of scams, like poor wording and a strange urgency to any form of communication sent.
Don’t hesitate to reach out to authorities in the event that you find yourself targeted by a scam.
In the digital age we live in, these scam emails are moving at warp speed – and so it’s essential to stay ahead of the game.
In the meantime, you could check out other recent scams at our Scam Watch forum:
Tell us your experiences and opinions below!
Please share this story as well with family and friends so they can be warned.
Online security solutions provider MailGuard is alerting Aussie workers (and recent retirees) of a new DocuSign email scam that could put your personal information at risk.
DocuSign is an online service where people can view and sign agreements electronically.
It eliminates the need for hard copies and comes with the convenience of online services, such as easier accessibility and storage, which is why it’s unsurprising that many businesses use it.
Unfortunately, scammers have taken note of that fact too.
‘The email looks similar to what you would expect from a DocuSign alert and uses its logo and disclaimers,’ MailGuard said.
‘The email lands in inboxes with the subject line “Reminder: Please DocuSign: [Company Name] Payslips/ Payroll – February 2023”.’
‘In the header, the recipient is informed “[Company Name] sent you a document to review and sign”.’
According to MailGuard, the attack uses the target’s workplace (former or current) or business name to convince victims of its legitimacy.
‘They’ve attempted to make the email appear as though it’s a business alert by making the sender name “[Company Name] Docs”,’ the firm said.
‘The attacker has also made it appear as though the email has been sent from an account at the recipient’s company, adding further plausibility to this being a genuine alert. ‘
In the email, the victim is directed to the ‘Review Documents’ button, which is where the trap springs into place.
After clicking on the link, MailGuard says they will be taken on what appears to be a login screen for Microsoft Office 365. Their passwords will be required.
‘If the victim enters their password, they’re shown an error message which states that their password is incorrect,’ MailGuard said.
‘At this point, their credentials have been harvested by the hacker.’
An unsuspecting user would probably try again and again or even give up and decide to try again later, but MailGuard pointed out that scammers may very well have already breached the victim’s account once they entered their password the first time.
‘In this time, the hacker may be logging onto their account and accessing sensitive emails and files, or communicating with other employees, clients, or suppliers in business email compromise attacks,’ the firm said.
‘MailGuard advises all recipients of this email to delete it immediately without clicking on any links.’
‘Providing your personal details can result in your sensitive information being used for criminal activity and may have a severe negative impact on your business and its financial well-being. ’
Key Takeaways
- MailGuard is warning Aussies about a DocuSign email scam that is tricking workers into opening what they believe is a company payslip.
- The scam email has the subject line: 'Reminder: Please DocuSign [Company Name] Payslips/Payroll - February 2023'.
- After clicking the link, the worker is taken to the phishing site that copies the Microsoft Office 365 login page.
- If you receive this email, MailGuard said to 'delete it immediately' and to not click on any links.
Phishing scams like this most recent one delivered via email were the third highest in terms of the amount lost at $3.6 million.
Text messages and scam calls were the top phishing scam methods for last year, with the two modes said to have led to the loss of $17 million to scammers.
We strongly urge all of our members to be very vigilant in line with scam emails like this one and to steer clear of any suspicious messages or links.
As always, watch out for the classic warning signs of scams, like poor wording and a strange urgency to any form of communication sent.
Don’t hesitate to reach out to authorities in the event that you find yourself targeted by a scam.
In the digital age we live in, these scam emails are moving at warp speed – and so it’s essential to stay ahead of the game.
In the meantime, you could check out other recent scams at our Scam Watch forum:
- ‘Please…it’s all I have.’ How one mistake cost this man $30k in life savings
- DHL delivery scam email
- Another myGov scam...
Tell us your experiences and opinions below!
Please share this story as well with family and friends so they can be warned.
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