The COVID-19 pandemic has not only caused significant challenges for health system all over the globe but also fueled the surge of numerous rumors, hoaxes and misinformation, regarding etiology, outcomes, prevention, and cure of the disease. This misinformation are masking healthy behaviors and promoting erroneous practices that increase the spread of the virus and ultimately result in poor physical and mental health outcomes among individuals. Myriad incidents of mishaps caused by these rumors was reported across the world. To address this issue the frontline healthcare providers should be equipped with the most recent research findings and accurate information. The mass media, health care organization, community-based organizations, and other important stakeholders should build strategic partnerships and launch common platforms in disseminating authentic public health messages. Advanced technologies like natural language processing or data mining approaches should be applied in detection and removal online content with no scientific basis from all social media platforms. Those involved with the spread of such rumors should be brought to justice. Telemedicine based care should be established at a large scale to prevent depletion of limited resources.