Many software companies adopted a Software as a Service (SaaS) business model about a decade ago. Instead of making a one-time purchase for a program, it is sold at a monthly cost. The best example of this is when Microsoft changed the model for Office. Tap or click here for free alternatives to Microsoft Word.
It wasn’t long before others followed suit, including antivirus company Norton. You can get all the online protection the product offers while getting updates for a fixed monthly fee.
The provider will usually send you an email when your subscription runs out. But read on to see how scammers are tapping into this system to steal money.
Here’s the backstory
If you have a monthly subscription to Xbox Game Pass or Office 365, you probably won’t think it’s strange to receive an email from Microsoft. However, it would raise some questions if you don’t have a membership.
The same goes for Norton and its plethora of security products. But an old scam has again reared its head, trying to trick people into paying for their annual subscription, even if they don’t have one or it’s not due. The phishing emails have, unsurprisingly, nothing to do with Norton.
The scam has several variations, but all follow a similar trend. First, victims will receive an email from an unknown contact claiming that an…
