SecureWorld News

Student Loan Forgiveness? Or Spam?

Written by SecureWorld News Team | Fri | Oct 14, 2016 | 7:00 AM Z

What happens when phishing takes the form of a legitimate case like student debt?

Tripwire Explains:

Scammers are sending out student loan forgiveness spam mail in an effort to distribute Ascesso malware to unsuspecting users.

Fraudsters have launched various spam runs to capitalize on the plight of American college graduates who collectively owe more than $1.3 trillion (and counting) in student debt.

One such campaign from “Student Help” offers to assist recipients with their student loans.

To add a touch of legitimacy, the spam mail frames itself as a response to an inquiry the user allegedly made into student loan forgiveness sometime in the past.