Many in the digital security community are coming together to combat malicious actors during the coronavirus disease 2019 (COVID-19) global outbreak. One of the most visible of these new efforts is the COVID-19 CTI League. Made up of approximately 400 volunteers living in approximately 40 countries, the COVID-19 CTI League is working to block attackers from health care organizations and other medical facilities at this juncture.

The menace of coronavirus pandemic is accelerating significantly and hackers are capitalizing the element of fear to collect shear currency. They are creating thousands of websites as baits. According to the Check Point Research report, threat actors are registering phony COVID-19-related domains and selling them on discounted off-the-shelf malware on the dark web. In this article, we will delve into some essential details regarding the coronavirus-related bait sites. Here is some help.

Malicious actors are increasingly leveraging COVID-19 as a theme for new digital fraud attacks. In February 2020, for instance, Action Fraud received 21 reports of fraud relating to the coronavirus. This number of reports more than doubled to 46 between March 1 and March 13, 2020. Between March 14 and March 18, 2020, the United Kingdom’s national fraud reporting center collected 38 reports alone. Those 105 reports represented a collective total of £970,000 in losses.