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BrandShield Update

16 Apr 2020 07:00

RNS Number : 7993J
Two Shields Investments PLC
16 April 2020
 

Two Shields Investments plc

("TSI", or the "Company")

BrandShield Update

Two Shields Investments plc, the AIM quoted investment company with a strategy to build a high-quality portfolio of investments in fast growing and scalable digital and technology enabled businesses, is pleased to reproduce the following announcement issued by BrandShield, in which it currently has an 11.34% shareholding and a Convertible Loan Note subscription of $1.8m:

 

"Explosion in cybercrime targeting Netflix users since COVID-19 pandemic

 

· Social phishing schemes and fraudulent websites set up to trick viewers

· 639 new website domain names including the word "Netflix" registered in 2020

 

15 April 2020: BrandShield, a leading provider of cyber solutions, warns that cybercriminals are increasingly targeting customers of streaming sites.

 

With COVID-19 forcing millions of people to turn to the screens for entertainment, cybercriminals are capitalising, targeting viewers of streaming sites such as Netflix and Amazon Prime. 

 

These schemes include the use of social phishing and fraudulent websites set up to steal money from Netflix users who believe they are buying a subscription from Netflix directly. Criminals are also trying to steal Netflix user details to compromise accounts.

 

BrandShield's online threat hunting system has detected:

· 639 new domain names registered with the exact word "Netflix" in them since the beginning of 2020.

· Out of 639, 236 domains were registered in March only. 

· In addition, 41 percent of the new websites created in 2020 have a mail server indicating that phishing emails may also be being sent.

 

Many examples of fake Netflix sites show that criminals are looking to steal money from viewers hoping to access Netflix films and TV shows. For instance, fake websites such as www.netflixvietnam.com and http://netflixcoro.com.ve/are posing as the Netflix pages for particular countries asking for viewers payment details. 

 

Yoav Keren, CEO, BrandShield said: "As the world goes into lockdown, cybercriminals are capitalising on people spending more and more time online. Consumers of streaming websites are increasingly at risk of successful phishing attacks. We have seen an explosion in domain names featuring "Netflix" as criminals are looking to catch consumers out and extract financial or personal records. Governments must do more to educate the public about the risks they face, and how they can protect themselves.

 

"BrandShield protects some of the biggest corporations in the world and we takedown thousands of threats across websites and social media every month. We are getting companies approaching us all the time asking for our help. This problem is only going to get bigger as people spend more time transacting and interacting online".

 

Notes to editors

 

Cyber security expert Yoav Keren is available for interview this week. If you are interested, please send your bid toBrandShield@newgatecomms.com.

 

Examples of Netflix phishing sites:

· https://netflix.fit/

· www.netflixvietnam.com

· http://netflixgiftcard.site/

· http://netflix-payment1.com/

· https://netflixfreeaccounts.net/ - with malware

· http://www.netflix-france.net/ - with malware

· http://netflixgift.com/

· http://netflixhesap.site/

· http://netflixcoro.com.ve/

· https://netflixfreeaccounts.net/ - with malware

· http://www.netflix-france.net/ - with malware

· http://netflixhesap.site/

· https://netflix.fit/

 

Phishing, Fraud and user sales on Social media:

https://www.facebook.com/Netflix.France.Fr/

https://www.facebook.com/approvelwebsites/posts/116983806616050

https://www.facebook.com/groups/211488180092833/

https://www.facebook.com/netflixbd/ (selling accounts)"

 

For further information please visit https://twoshields.co.uk/ or contact:

Andrew Lawley

Two Shields Investments plc

Tel: +44 (0)20 3143 8300

 

Neil Baldwin / Andrew Emmott

Spark Advisory Partners Limited

(Nominated Adviser)

 

 

+44 (0) 20 3368 3554

Andy Thacker

Turner Pope Investments (TPI) Ltd

(Joint -broker)

 

+44 (0) 20 3657 0050

Robert Emmett

Optiva Securities Limited

(Joint -broker)

 

+44 (0) 20 3137 1902

Robin Tozer / Bob Huxford

 

Newgate Communications

(PR)

 

+44 (0) 203 757 6880

Notes to Editors:

Two Shields Investments plc, the AIM quoted investment company with a strategy to build a portfolio of high-quality investments in fast growing, scalable digital and technology enabled businesses, including those in the cyber security, e-commerce services and consumer sectors. The Company has appointed an experienced Board of Directors with a proven pedigree in the origination, acquisition, development & sale of projects and creating value for shareholders. The investment mandate covers unquoted and quoted businesses, as well as direct project investment. Where appropriate the Board will apply its extensive combined experience to directly support investee businesses achieve their growth potential.

 

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