Online fraudsters hit by pandemic blues when Covid-19 cases rise

Covid-19 restrictions, in general, made it harder for fraudsters to operate. PHOTO: ST FILE
New: Gift this subscriber-only story to your friends and family

SINGAPORE - While Covid-19 led more people to go digital, opening up more hacking opportunities for cyber crooks, the pandemic blues likely also hit online fraudsters just like everyone else and stifled their ability to carry out attacks to their fullest extent.

Worldwide, more sophisticated online fraud attacks carried out personally by the fraudsters, like impersonation scams, fell when Covid-19 cases rose and restrictions kicked in, financial crime analysis firm LexisNexis Risk Solutions told The Straits Times.

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.