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Scammers targeting students in spreading Ascesso Malware

Yes, it's quite easy to target students. Especially when it comes to waving off a student loan. Recently a group of scammers is targeting the students and sending them false loan forgiveness spam mail through this they are  trying to distribute Ascesso malware.

According to the reports, the scammers  have launched many spam runs which emphasis  on American college graduates who collectively owe more than $1.3 trillion to banks. “Student Help” help and assist students with their student loans.

The hackers are so shrewd that to look authentic, the spam mail sent to students are framed  as a response to an inquiry that students alleged made to forgive their student loan in the past.

The spam mail sent by them  don’t provide any details or help to the student how their service could help the student  with their loan payments.

According to Symantec Security Response: “The student loan scam spam comes in a variety of forms but typically offers a reduction in student debt, consolidation of debt, or student loan forgiveness. The scam emails will entice readers with offers that seem, and are, too good to be true, such as qualifying for zero payment or having their entire loan forgiven. Others may try to charge for services that can be accessed for free from the government, your lender, college, university, or other sources.”

The form of  each spam mail might be different but it every mail leads to the same destination: Ascesso, that is a type of  trojan which circulates via social engineering, exploit kits, and spam.

This malware enables hackers for  further attacks, including malware campaigns, distributed denial-of-service (DDoS) offensives, and more.

The student should pay a little bit of attention to all the emails that they receive regarding waiving off the loans. And should check that they actually did  inquire about student loan forgiveness from where they received email.


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