IntroductionThe LSC-OIG has seen an increase in cyber threats targeting LSC grantee programs since the beginning of the COVID-19 pandemic. As a result, the OIG has produced several resources to inform grantees of the pending threats which aim to assist grantees in preventing, detecting, and reporting the cyber threats.Please find links to the cyber threat resources below:LSC-OIG Cyber Security PresentationsCyber Fraud Risk Briefing — Business Email Compromise: Download Business Email Compromise Presentation slides Fraud Awareness Briefing:    Cybercrimes Fraud Awareness PresentationLSC-OIG…

The OIG has been investigating check fraud scams affecting grantees for nearly a decade. However, of late, these scams have been occurring more frequently and have become more sophisticated. 

The LSC OIG is issuing this advisory to remind grantees of the threat posed by phishing schemes and ransomware attacks, and to alert you to recent schemes targeting LSC grantees. One recent phishing scheme involved an email that was sent to a grantee employee containing a link embedded with malware. The phished employee clicked the link, which allowed the perpetrator to gain access to the system and encrypt all the program's data.