Foreign students at UK private schools are falling prey to sophisticated cyber scams, with some families losing thousands of pounds in fee payments. According to a recent study, all 100 independent schools surveyed had been targeted by hackers seeking to intercept student fees.
The scammers typically start by hacking into the email addresses of parents or gaining access to third-party companies that manage visas for foreign students. They then send fake emails purporting to be from the school's bursar, requesting payment via a different account than usual – often around term fee times such as March, September and December.
The scammers will often offer discounts, sometimes up to 25% off, in an attempt to lure parents into making a payment. Foreign students are particularly vulnerable due to their high tuition fees for accommodation and tuition, making them attractive targets for thieves.
Experts warn that the scammers are highly sophisticated, monitoring school communications, timing attacks around fee deadlines, and replicating official payment instructions with remarkable accuracy. The average loss per family was £3,200, although in some cases families have lost up to £10,000.
The key to avoiding these scams lies in being vigilant and cautious when receiving messages about payment. Parents should check the legitimacy of requests by contacting the school through established channels before making any payments. If anything seems suspicious or urgent, parents are advised to report it immediately to their bank and Report Fraud, the central hub for reporting online crime.
Schools themselves are often not immune to these attacks, with 100% of surveyed independent schools having been targeted at least once over a five-year period. This highlights the need for schools to be aware of these threats and implement robust security measures to protect student fees.
The scammers typically start by hacking into the email addresses of parents or gaining access to third-party companies that manage visas for foreign students. They then send fake emails purporting to be from the school's bursar, requesting payment via a different account than usual – often around term fee times such as March, September and December.
The scammers will often offer discounts, sometimes up to 25% off, in an attempt to lure parents into making a payment. Foreign students are particularly vulnerable due to their high tuition fees for accommodation and tuition, making them attractive targets for thieves.
Experts warn that the scammers are highly sophisticated, monitoring school communications, timing attacks around fee deadlines, and replicating official payment instructions with remarkable accuracy. The average loss per family was £3,200, although in some cases families have lost up to £10,000.
The key to avoiding these scams lies in being vigilant and cautious when receiving messages about payment. Parents should check the legitimacy of requests by contacting the school through established channels before making any payments. If anything seems suspicious or urgent, parents are advised to report it immediately to their bank and Report Fraud, the central hub for reporting online crime.
Schools themselves are often not immune to these attacks, with 100% of surveyed independent schools having been targeted at least once over a five-year period. This highlights the need for schools to be aware of these threats and implement robust security measures to protect student fees.