Security News > 2020 > April > How Cybercriminals are Weathering COVID-19

How Cybercriminals are Weathering COVID-19
2020-04-30 18:20

These restrictions have created a burgeoning underground market for reshipping scams, which rely on willing or unwitting residents in the United States and Europe - derisively referred to as "Reshipping mules" - to receive and relay high-dollar stolen goods to crooks living in the embargoed areas.

Still, every dark cloud has a silver lining: Intel 471 noted many cybercriminals appear optimistic that the impending global economic recession "Will make it easier to recruit low-level accomplices such as money mules."

Reshipping scams have over the years become easier for both reshipping mule operators and the mules themselves.

Many reshipping mules are understandably concerned about receiving stolen goods at their home and risking a visit from the local police.

"Not every mule will run 10 times a day to the post office, and some will let the goods sit by the mailbox for days. But on the whole, mules are more compliant these days."


News URL

https://krebsonsecurity.com/2020/04/how-cybercriminals-are-weathering-covid-19/