f5-nz logo
Story image

iPhone buzz - Fancy a slice of Apple?

30 Sep 2013

Spammers are using the flashy and controversial iPhone 5S and iPhone 5C buzz to launch an aggressive stock scam campaign to convince people to buy “shares of stock of Apple.”

According to Bitdefender data, in a timeframe of 14 hours, 1.5% of one million spam e-mails sent worldwide rushed people to invest in the Cupertino-based company, investing in Apple shares as soon as possible in anticipation of another technological breakthrough.

The data appears to have originated from an internal source who syphoned some corporate projects related to a revolutionary gadget the company has currently in the works that will overthrow the recently launched iPhone 5s and 5C.

“We have found out that in Cupertino (the Apple's Principal Office), a confidential recent development gadget is being developed," the message reads.

"The item will be required by everyone. It will be wide put on during only one year. Right now the time is ripe for purchasing the shares of stock of Apple.

"Very soon these shares of stock will increase high in value!”

As like any other stock spam message, Bitdefender says the e-mail is made to look like a confidential private message sent by someone to only a few lucky ones.

"Known as penny stock spam, this type of e-mail usually misleads people into buying shares of worthless or small companies at small prices," the security firm says.

"This will artificially increase the value of those shares in a matter of hours or days.

"With a sudden increase in demand, the value of those shares grows as well and scammers can sell all their shares at higher prices. And then move to another company."

Yet Bitdefender claims this particular campaign is mostly peculiar with the scammers’ choice of the company, given Apple is a big business which can easily be monitored in the media, making it almost impossible to have confidential information circulate without media knowing about it.

The bogus e-mails were sent from servers located in the US, Canada, Brazil, Columbia, Russia, China, Belarus, Denmark and Saudi Arabia.

So, when you decide to take your chances on the stock market, it might be better you consult a financial specialist instead of going on the word of some run of the mill hacker.

Did you receive an email telling you to buy Apple shares? If so, tell us your experiences below