As the new academic year begins, students are looking to organise their finances. Little surprise then, that hackers have decided to use a well established institution, the Student Loans Company, to scam students out of their hard-earned (or their parents’) money. The past few weeks have seen a phishing campaign which has used the well-known name to steer unsuspecting students to a hoax website with the aim of pilfering their identities and personal account details.
The emails inform the recipients that, because of incomplete information, their accounts have been suspended and requesting that they click on a link. The phoney messages are relatively easy to spot, as they are littered with typos and spelling mistakes.
Action Fraud, the UK’s national fraud and cybercrime reporting centre, is warning students not to click on links or open attachments that look suspicious, to be wary of disclosing personal data and to contact their bank if they think they’ve been scammed. With the current levels of student debt, you’d think there must be more lucrative targets out there.