Beware of Coronavirus Scams

Heather Dueitt, VP Marketing
Heather Dueitt, VP Marketing

Beware of Coronavirus Scams

Scammers often capitalize on fear, and the coronavirus outbreak is no exception.

In fact, the World Health Organization (WHO) and the Federal Trade Commission (FTC) are warning against a surge in coronavirus scams that can be difficult to spot.

How the scams play out

Here are some of the most prevalent coronavirus scams:

Preventing scams

Keep the anti-malware and antivirus software on your computer current and strengthen the security settings on your devices.

Practice responsible internet usage. Never download attachments from unknown sources or click on links embedded in an email from an unknown sender. Don’t share sensitive information online either. To verify a site’s authenticity, check the URL and look for the lock icon and the “s” after the “http.”

Finally, it’s a good idea to stay updated on the latest news about the coronavirus to avoid falling prey to misinformation.

Spotting the scams

Scammers give themselves away when they ask for payment via specific means, including wire transfer or prepaid gift card. Another giveaway is poor writing skills and misspelled words. “Breaking information” alerts allegedly sent by health agencies are another sign of a scam.

If you suspect you’ve received a fraudulent email, supposedly representing MyPoint Credit Union, forward it to us immediately at security@mypointcu.com.

MyPoint Credit Union places your financial security a priority. If you suspect suspicious activity on your account, contact us right away at 1-888-495-3400.

Avoid coronavirus financial scams and stay clear of the scam artists. For additional information, check out the Federal Trade Commission's website.