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Phishing attacks target US Payroll Protection Program Loans

The Payroll Protection Program (PPP) SBA loan program allows small business owners to apply for a low-interest loan. For companies that utilize this loan for payroll, it will be forgiven by the US government. On Thursday, a new phishing campaign was conducted that targets business owners who are anxiously awaiting word from their banks. Any entered credentials will be stolen by the attackers to use in BEC scams, potential network compromise, or further phishing scams. It is important to remember that this is a highly unusual time, though it is still important to. remember that threat actors prey on times like this.

Source: https://www.bleepingcomputer.com/news/security/phishing-attacks-target-us-payroll-protection-program-loans/

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