Keep up with the latest cybersecurity threats, newly discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.
Scammers Targeting Those Seeking Student Loan Forgiveness
FBI warns that cybercriminals are stealing personal information by posing as administrators of the Student Loan Debt Relief Plan.
1 Min Read
Source: Ken Howard via Alamy Stock Photo
Fraudsters are contacting people through email, text, phone, and online claiming to be administrators for the Federal Student Loan Forgiveness Program in an effort to steal personally identifiable information, the FBI warned this week.
In late August, the Biden Administration announced that the US Department of Education would cancel up to $20,000 in student loans per borrower.
The FBI says anyone contacted by someone purporting to be working for the federal student loan forgiveness program should not provide any sensitive personal data, particularly any payment information.
"Cybercriminals and fraudsters use their schemes to receive payment for services they will not provide or collect victim information they can then use to facilitate a variety of other crimes," the FBI announcement said. "Entrance into or assistance with any federal student aid program through the Department of Education or their trusted partners never requires payment."
About the Author
You May Also Like
More Insights
