Internship Scams: Exposing Financial Frauds Targeting Students
Executive Summary:
Internship scams have infiltrated the academic landscape, scamming students of many prestigious colleges. The students often prefer to carry out internships to gain knowledge and work experience. These scams use the name of popular multinational companies to exploit the students. This report studies the various case studies, their modus operandi, impact on the students and preventive strategies. This report emphasises the importance of awareness and proactive measures to protect students from falling victim to such frauds.
1. Introduction
Internships are the opportunity to overcome the gap between the practical knowledge acquired at the university and practical experience, to get practical skills and contacts in the field of activity, as well as improve employment prospects. Instead, because of high paying internships and interesting positions students have become targets of work scams. As we have seen with the advancement in digital technology, scammers take advantage of the disguise of the internet, making very neat, smart, and convincing scams.
Internship scams are very prevalent and they include fake job listings and phishing schemes as well as payment frauds which make students lose lots of money and also emotionally expose them. In this specific case, this paper examines how these scams work, the warning signs, and ways of protecting students from falling victim to them.
2. Detailed Modus Operandi of Internship Scams
Internship scams often employ a variety of tactics to attract and deceive unsuspecting students. Below is a detailed breakdown of the common methods used by scammers:
- Fake Job Listings and Offers:some text
- Scammers post attractive internship offers on popular job portals, social media platforms, and even send personalised messages via LinkedIn. These listings often mimic the branding and style of reputable companies, including well-designed logos, professional email addresses, and official-looking websites.
- Example: A fake internship offer from a reputed software firm circulates on a job portal, with a professional landing page. Students who apply are quickly “hired” without any interviews, and are asked to pay a security deposit to confirm their acceptance.
- Upfront Payment Requests:some text
- Scammers ask for payment such as registration fees, training materials, background checks, or security deposits. These payments comes under non-refundable payment and it act as the primary revenue stream for the fraudsters.
- Example: A group of students receive internship offers requiring a payment of INR 10,000 for "training materials" and "online assessments." After making the payment, the students never hear back from the company, and all attempts to contact them were futile.
- Phishing and Identity Theft:some text
- Beyond financial fraud, some scams aim to steal personal information. Fake internship applications often require detailed personal data, including identity proofs, bank account details. This data will be used as identity theft or sold on the dark web.
- Example: A student applies for an internship that asks for copies of identification documents and bank details. This information sharing led to unauthorised transactions in their bank account.
- Work-from-Home Frauds:some text
- With the rise of remote work, scammers also offer work-from-home internships that require students to purchase software or pay for specialised training. After payment, students are often given irrelevant tasks or no tasks at all, leaving them with no real work experience.
- Example: An internship advertised as a "remote data analysis role" required students to buy a proprietary software licence. After paying, students realised the software was freely available online, and the internship tasks were non-existent.
- Impersonation of Reputed Companies:some text
- Scammers use the name of well-known companies, they modify the email addresses or create fake websites that look original. They use these platforms to send offer letters, making it difficult for students to identify the scam.
- Example: A scammer creates a fake website mirroring a major consulting firm's internship page. The only difference is a minor change in the URL. Dozens of students are duped into paying registration fees.
3. Case Studies of Real-Life Incidents
- Case Study 1: The Certification Course and Internshipsome text
- A group of students received personalised emails from an official domain of a reputed tech industry providing an internship offer. Students were asked to pay Rs 10,000 to undergo a certification course to carry the internship. After paying the amount, the students did not receive any instructions, and the company was found to be nonexistent. The scammer had spoofed the company’s email domain, making it difficult to trace the source.
- Case Study 2: The Social Media Trapsome text
- A student from a university encountered an internship post on Instagram, advertising roles at a popular fashion brand. The application process involved a "screening fee" of INR 5,000. Despite appearing legitimate, the internship was fake, and the brand had no knowledge of the post. The student's personal data was also compromised, leading to unauthorised social media activity.
- Case Study 3: Internship Providing Social Platformssome text
- A popular internship providing platform, faced an incident where a scammer posted fraudulent internship offers under the guise of a major multinational. The scam involved asking students to purchase expensive software to start their work. The platform had to issue warnings and remove the listings after several complaints.
4. The Impact on Students
The consequences of internship scams extend beyond immediate financial loss, affecting students on multiple levels:
- Financial Impact:some text
- Students lose their money, ranging from minor fees to significant payments.
- Emotional and Psychological Distress:some text
- These kinds of scams can lead to anxiety, depression and loss of confidence in availing the opportunities in future.
- Exposure to Further Scams:some text
- Scammers often share details of their victims with other fraudsters, making students susceptible to repeated scams, including phishing attacks, financial frauds, and unsolicited offers.
5. Preventive Measures
- Verification of Internships:some text
- Always verify the authenticity of the internship by researching the company on official platforms such as LinkedIn, the company’s official website, and through trusted contacts or college placement cells.
- Avoid Upfront Payments:some text
- Employers do not ask for money in exchange for job or internship offers. If they demand for any kind of payment, then the employer is not original. Always question the necessity of such payments and consult trusted advisors before proceeding.
- Use Trusted Job Portals:some text
- Apply for internships through recognized platforms like LinkedIn, Internshala, or your college’s placement cell, which have verification processes to filter out fraudulent postings.
- Reporting Scams:some text
- Report suspicious offers to your college authorities, placement cells, and local cybercrime departments. Additionally, use platforms like Internshala’s “Report This Job” feature to flag fraudulent listings.
- Stay Educated and Updated:some text
- It is important to educate students by providing workshops, webinars, and awareness sessions on cybersecurity to stay informed and report about the latest scams.
6. Conclusion
Internship scams are a severe threat to the student society since they manipulate the student’s desire for an internship. The best ways to prevent such cons are by being cautious and receptive to whatever is being offered. Internship seekers, colleges and the placement cells have to work hand in hand to ensure that there is no fear among people seeking internships.
References
- Smith, J. (2024). Internship Scams on the Rise: How to Spot and Avoid Them. Retrieved from example1.com.
- Brown, A. (2023). Student Internship Scams in India: A Growing Concern. Retrieved from example2.com.
- Johnson, L. (2024). How to Protect Yourself from Fake Internship Offers. Retrieved from example3.com.
- Gupta, R. (2024). Social Media and the Rise of Job Scams. Retrieved from example4.com.
Related Blogs
Executive Summary:
A viral claim circulated in social media that Anant Ambani and Radhika Merchant wore clothes made of pure gold during their pre-wedding cruise party in Europe. Thorough analysis revealed abnormalities in image quality, particularly between the face, neck, and hands compared to the claimed gold clothing, leads to possible AI manipulation. A keyword search found no credible news reports or authentic images supporting this claim. Further analysis using AI detection tools, TrueMedia and Hive Moderator, confirmed substantial evidence of AI fabrication, with a high probability of the image being AI-generated or a deep fake. Additionally, a photo from a previous event at Jio World Plaza matched with the pose of the manipulated image, further denying the claim and indicating that the image of Anant Ambani and Radhika Merchant wearing golden outfit during their pre-wedding cruise was digitally altered.
Claims:
Anant Ambani and Radhika Merchant wore clothes made of pure gold during their pre-wedding cruise party in Europe.
Fact Check:
When we received the posts, we found anomalies that were usually found in edited images or AI manipulated images, particularly between the face, neck, and hands.
It’s very unusual in any image. So we then checked in AI Image detection software named Hive Moderation detection tool and found it to be 95.9% AI manipulated.
We also checked with another widely used AI detection tool named True Media. True Media also found it to be 100% to be made using AI.
This implies that the image is AI-generated. To find the original image that has been edited, we did keyword search. We found an image with the same pose as in the manipulated image, with the title "Radhika Merchant, Anant Ambani pose with Mukesh Ambani at Jio World Plaza opening”. The two images can be compared to verify that the digitally altered image is the same.
Hence, it’s confirmed that the viral image is digitally altered and has no connection with the 2nd Pre-wedding cruise party in Europe. Thus the viral image is fake and misleading.
Conclusion:
The claim that Anant Ambani and Radhika Merchant wore clothes made of pure gold at their pre-wedding cruise party in Europe is false. The analysis of the image showed signs of manipulation, and a lack of credible news reports or authentic photos supports that it was likely digitally altered. AI detection tools confirmed a high probability that the image was fake, and a comparison with a genuine photo from another event revealed that the image had been edited. Therefore, the claim is false and misleading.
- Claim: Anant Ambani and Radhika Merchant wore clothes made of pure gold during their pre-wedding cruise party in Europe.
- Claimed on: YouTube, LinkedIn, Instagram
- Fact Check: Fake & Misleading
Recent Incidents:
Recent reports are revealing a significant security threat linked to a new infostealer based malware campaign known to solely target gaming accounts. This attack has affected users of Activision and other gaming websites. The sophisticated software has captured millions of login credentials, notably from the cheats and players. The officials at Activision Blizzard, an American video game holding company, are still investigating the matter and collaborating with cheated developers to minimize the impact and inform the accounts’ residents of appropriate safety measures.
Overview:
Infostealer, also known as information stealer, is a type of malware designed in the form of a Trojan virus for stealing private data from the infected system. It can have a variety of incarnations and collect user data of various types such as browser history, passwords, credit card numbers, and login details and credentials to social media, gaming platforms, bank accounts, and other websites. Bad actors use the log obtained as a result of the collection of personal records to access the victim’s financial accounts, appropriate the victim’s online identity, and perform fraudulent actions on behalf of the victim.
Modus Operandi:
- Infostealer is a malicious program created to illegally obtain people's login details, like usernames and passwords. Its goal is to enable cyberattacks, sell on dark web markets, or pursue malicious aims.
- This malware targets both personal devices and corporate systems. It spreads through methods like phishing emails, harmful websites, and infected public sites.
- Once inside a device, Infostealer secretly gathers sensitive data like passwords, account details, and personal information. It's designed to infiltrate systems being undetected. The stolen credentials are compiled into datalogs. These logs are then sold illegally on dark web marketplaces for profit.
Analysis:
Basic properties:
- MD5: 06f53d457c530635b34aef0f04c59c7d
- SHA-1: 7e30c3aee2e4398ddd860d962e787e1261be38fb
- SHA-256: aeecc65ac8f0f6e10e95a898b60b43bf6ba9e2c0f92161956b1725d68482721d
- Vhash: 145076655d155515755az4e?z4
- Authentihash: 65b5ecd5bca01a9a4bf60ea4b88727e9e0c16b502221d5565ae8113f9ad2f878
- Imphash: f4a69846ab44cc1bedeea23e3b680256
- Rich PE header hash: ba3da6e3c461234831bf6d4a6d8c8bff
- SSDEEP: 6144:YcdXHqXTdlR/YXA6eV3E9MsnhMuO7ZStApGJiZcX8aVEKn3js7/FQAMyzSzdyBk8:YIKXd/UgGXS5U+SzdjTnE3V
- TLSH:T1E1B4CF8E679653EAC472823DCC232595E364FB009267875AC25702D3EFBB3D56C29F90
- File type: Win32 DLL executable windows win32 pepe dll
- Magic: PE32+ executable (DLL) (GUI) x86-64, for MS Windows
- File size: 483.50 KB (495104 bytes)
Additional Hash Files:
- 160389696ed7f37f164f1947eda00830
- 229a758e232aeb49196c862655797e12
- 23e4ac5e7db3d5a898ea32d27e8b7661
- 3440cced6ec7ab38c6892a17fd368cf8
- 36d7da7306241979b17ca14a6c060b92
- 38d2264ff74123f3113f8617fabc49f6
- 3c5c693ba9b161fa1c1c67390ff22c96
- 3e0fe537124e6154233aec156652a675
- 4571090142554923f9a248cb9716a1ae
- 4e63f63074eb85e722b7795ec78aeaa3
- 63dd2d927adce034879b114d209b23de
- 642aa70b188eb7e76273130246419f1d
- 6ab9c636fb721e00b00098b476c49d19
- 71b4de8b5a1c5a973d8c23a20469d4ec
- 736ce04f4c8f92bda327c69bb55ed2fc
- 7acfddc5dfd745cc310e6919513a4158
- 7d96d4b8548693077f79bc18b0f9ef21
- 8737c4dc92bd72805b8eaf9f0ddcc696
- 9b9ff0d65523923a70acc5b24de1921f
- 9f7c1fffd565cb475bbe963aafab77ff
Indicators of Compromise:
- Unusual Outbound Network Traffic: An increase in odd or questionable outbound network traffic may be a sign that infostealer malware has accessed more data.
- Anomalies in Privileged User Account Activity: Unusual behavior or illegal access are two examples of irregular actions that might indicate a breach in privileged user accounts.
- Suspicious Registry or System File Changes: Infostealer malware may be trying to alter system settings if there are any unexpected changes to system files, registry settings, or configurations.
- Unusual DNS queries: When communicating with command and control servers or rerouting traffic, infostealer malware may produce strange DNS queries.
- Unexpected System Patching: Unexpected or unauthorized system patching by unidentified parties may indicate that infostealer malware has compromised the system and is trying to hide its footprint or become persistent.
- Phishing emails and social engineering attempts: It is a popular strategy employed by cybercriminals to get confidential data or implant malicious software. To avoid compromise, it is crucial to be wary of dubious communications and attempts of social engineering.
Recommendations:
- Be Vigilant: In today's digital world, many cybercrimes threaten online safety, Phishing tricks, fake web pages, and bad links pose real dangers. Carefully check email sources. Examine websites closely. Use top security programs. Follow safe browsing rules. Update software often. Share safety tips. These steps reduce risks. They help keep your online presence secure.
- Regular use of Anti-Virus Software to detect the threats: Antivirus tools are vital for finding and stopping cyber threats. These programs use signature detection and behavior analysis to identify known malicious code and suspicious activities. Updating virus definitions and software-patches regularly, improves their ability to detect new threats. This helps maintain system security and data integrity.
- Provide security related training to the employees and common employees: One should learn Cybersecurity and the best practices in order to keep the office safe. Common workers will get lessons on spotting risks and responding well, creating an environment of caution.
- Keep changing passwords: Passwords should be changed frequently for better security. Rotating passwords often makes it harder for cyber criminals to compromise and make it happen or confidential data to be stolen. This practice keeps intruders out and shields sensitive intel.
Conclusion:
To conclude, to reduce the impact and including the safety measures, further investigations and collaboration are already in the pipeline regarding the recent malicious software that takes advantage of gamers and has stated that about millions of credentials users have been compromised. To protect sensitive data, continued usage of antivirus software, use of trusted materials and password changes are the key elements. The ways to decrease risks and safely protect sensitive information are to develop improved Cybersecurity methods such as multi-factor authentication and the conduct of security audits frequently. Be safe and be vigilant.
Reference:
- https://techcrunch.com/2024/03/28/activision-says-its-investigating-password-stealing-malware-targeting-game-players/
- https://www.bleepingcomputer.com/news/security/activision-enable-2fa-to-secure-accounts-recently-stolen-by-malware/
- https://cyber.vumetric.com/security-news/2024/03/29/activision-enable-2fa-to-secure-accounts-recently-stolen-by-malware/
- https://www.virustotal.com/
- https://otx.alienvault.com/
Introduction
In the advanced age of digitalization, the user base of Android phones is high. Our phones have become an integral part of our daily life activities from making online payments, booking cabs, playing online games, booking movie & show tickets, conducting online business activities, social networking, emailing and communication, we utilize our mobile phone devices. The Internet is easily accessible to everyone and offers various convenient services to users. People download various apps and utilize various services on the internet using their Android devices. Since it offers convenience, but in the growing digital landscape, threats and vulnerabilities have also emerged. Fraudsters find the vulnerabilities and target the users. Recently, various creepy online scams such as AI-based scams, deepfake scams, malware, spyware, malicious links leading to financial frauds, viruses, privacy breaches, data leakage, etc. have been faced by Android mobile users. Android mobile devices are more prone to vulnerabilities as compared to iOS. However, both Android and iOS platforms serve to provide safer digital space to mobile users. iOS offers more security features. but we have to play our part and be careful. There are certain safety measures which can be utilised by users to be safe in the growing digital age.
User Responsibility:
Law enforcement agencies have reported that they have received a growing number of complaints showing malware being used to compromise Android mobile devices. Both the platforms, Android and Google, have certain security mechanisms in place. However, cybersecurity experts emphasize that users must actively take care of safeguarding their mobile devices from evolving online threats. In this era of evolving cyber threats, being precautious and vigilant and personal responsibility for digital security is paramount.
Being aware of evolving scams
- Deepfake Scams: Deepfake is an AI-based technology. Deepfake is capable of creating realistic images or videos which in actuality are created by machine algorithms. Deepfake technology, since easily accessible, is misused by fraudsters to commit various cyber crimes or deceive and scam people through fake images or videos that look realistic. By using the Deepfake technology, cybercriminals manipulate audio and video content which looks very realistic but, in actuality, is fake.
- Voice cloning: To create a voice clone of anyone's, audio can be deepfaked too, which closely resembles a real one but, in actuality, is a fake voice created through deepfake technology. Recently, in Kerala, a man fell victim to an AI-based video call on WhatsApp. He received a video call from a person claiming to be his former colleague. The scammer, using AI deepfake technology, impersonated the face of his former colleague and asked for financial help of 40,000.
- Stalkerware or spyware: Stalkware or spyware is one of the serious threats to individual digital safety and personal information. Stalkware is basically software installed into your device without your consent or knowledge in order to track your activities and exploit your data. Stalkware, also referred to as spyware, is a type of malicious software secretly installed on your device without your knowledge. Its purpose is to track you or monitor your activities and record sensitive information such as passwords, text messages, GPS location, call history and access to your photos and videos. Cybercriminals and stalkers use this malicious software to unauthorisedly gain access to someone's phone devices.
Best practices or Cyber security tips:
- Keep your software up to date: Turn on automatic software updates for your device and make sure your mobile apps are up to date.
- Using strong passwords: Use strong passwords on your lock/unlock and on important apps on your mobile device.
- Using 2FA or multi-factor authentication: Two-factor authentication or multi-factor authentication provides extra layers of security. Be cautious before clicking on any link and downloading any app or file: Users are often led to click on malicious online links. Scammers may present such links to users through false advertisements on social media platforms, payment processes for online purchases, or in phone text messages. Through the links, victims are led either to phishing sites to give away personal data or to download harmful Android Package Kit (APK) files used to distribute and install apps on Android mobile phones.
- Secure Payments: Do not open any malicious links. Always make payments from secure and trusted payment apps. Use strong passwords for your payment apps as well. And secure your banking credentials.
- Safe browsing: Pay due care and attention while clicking on any link and downloading content. Ignore the links or attachments of suspicious emails which are from an unknown sender.
- Do not download third-party apps: Using an APK file to download a third-party app to an Android device is commonly known as sideloading. Be cautious and avoid downloading apps from third-party or dubious sites. Doing so may lead to the installation of malware in the device, which in turn may result in confidential and sensitive data such as banking credentials being stolen. Always download apps only from the official app store.
- App permissions: Review app permission and only grant permission which is necessary to use that app.
- Do not bypass security measures: Android offers more flexibility in the mobile operating system and in mobile settings. For example, sideloading of apps is disabled by default, and alerts are also in place to warn users. However, an unwitting user who may not truly understand the warnings may simply grant permission to an app to bypass the default setting.
- Monitoring: Regularly monitor your devices and system logs for security check-ups and for detecting any suspicious activity.
- Reporting online scams: A powerful resource available to victims of cybercrime is the National Cyber Crime Reporting Portal, equipped with a 24x7 helpline number, 1930. This portal serves as a centralized platform for reporting cybercrimes, including financial fraud.
Conclusion:
The era of digitalisation has transformed our lives, with Android phones becoming an integral part of our daily routines. While these devices offer convenience, they also expose us to online threats and vulnerabilities, such as scams like deepfake technology-based scams, voice clones, spyware, malware, and malicious links that can lead to significant financial and privacy breaches. Android devices might be more susceptible to such scams. By being aware of emerging scams like deepfakes, spyware, and other malicious activities, we can take proactive steps to safeguard our digital lives. Our mobile devices remain as valuable assets for us. However, they are also potential targets for cybercriminals. Users must remain proactive in protecting their devices and personal data from potential threats. By taking personal responsibility for our digital security and following these best practices, we can navigate the digital landscape with confidence, ensuring that our Android phones remain powerful tools for convenience and connection while keeping our data and privacy intact and staying safe from online threats and vulnerabilities.
References:
