Posted on March 19th, 2020 at 4:47 PM

From the Desk of Jim Eccleston at Eccleston Law LLC:

As COVID-19 continues to spread, so does the fear and uncertainty surrounding it. This creates the perfect environment for cybercriminals intending to steal secure information from banks and their customers. Swindlers can gain access to this information using email attachments, embedded links, online ads or social engineering. Some of the links or attachments may state they are coming from a reliable source such as the World Health Organization, the Centers for Disease Control and Prevention, and John Hopkins University.

However, they actually may be programs like, a program discovered by researchers at Malwarebytes, which has an embedded malware called corona.exe; a variant of AzorUlt. This will give cybercriminals access to data like passwords, usernames and credit card numbers that is stored on the user’s browser.

It is recommended that banks continue with anti-phishing training and use email filtering services, along with multifactor authorization to protect their customers. Their customers should use strong authentication and set up alerts to notify them of any suspicious activity.

Overall, be wary of any unfamiliar links or information coming from an unfamiliar source. Second guess where your information is coming from even in times like these.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities FraudCompliance ProtectionBreach of Fiduciary DutyFINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: eccleston, eccleston law, james eccleston, coronavirus, coronavirus scams, covid-19,

Return to Archive



As a financial advisor with over 20 years of experience, I feel fortunate to call Jim my attorney and friend. He is a fantastic lawyer and trusted advisor. He is skilled in the matters necessary to do the job well. He uses his thoughtful approach and calm demeanor to achieve a positive outcome for the client. If you want to feel confident that nothing will be missed and that you will be represented in a highly professional manner, call Jim Eccleston.

Bill C. and Dan M.


June 23, 2022
Former Credit Suisse Advisor Prevails in Deferred Compensation Claim

A former Credit Suisse advisor has prevailed on a $2.2 million arbitration claim after alleging that the firm improperly withheld his deferred compensation when it discontinued its U.S. brokerage business in 2015. 

June 23, 2022
Eccleston Law LLC Investigates Recovery Options for NRIA Investors

Headquartered in Secaucus, NJ, National Realty Investment Advisors (NRIA) recently declared bankruptcy amid investor redemption requests, federal and state investigations, and unsustainable debt.

June 22, 2022
SEC Charges Three Additional Advisors for Recommending Horizon Ponzi Scheme to Investors

The Securities and Exchange Commission (SEC) has filed suit against Michael Mooney, Britt Wright, and Penny Flippen pertaining to their engagement with a Ponzi scheme, which raised at least $110 million from nearly 400 investors.