ThreatsHub.org
Read our investigation of a BEC campaign that used attacker-created email infrastructure to facilitate gift card theft targeting the consumer goods, process manufacturing and agriculture, real estate, discrete manufacturing, and professional services sectors.
The post Business email compromise campaign targets wide range of orgs with gift card scam appeared first on Microsoft Security. READ MORE HERE…
In just a few short years, Business Email Compromise (BEC) has gone from a peripheral threat to a major cyber risk for organizations. It’s making criminal gangs millions of dollars each month, hitting corporate profits and reputation in the process. Trend Micro has built a formidable array of resources over the past few years to…
The post Tackling the BEC Epidemic in a New Partnership with INTERPOL appeared first on . Read More HERE…
The BBC reports that a media company based in Scotland is now suing a former employee who fell for a Business Email Compromise (BEC) scam. In the scam, the employee received emails which appeared to be from the managing director and requested wire transfers. The employee worked with her line manager on the first payment…
The post Don’t Blame Employees who fall for a BEC scam! appeared first on . Read More HERE…
As part of our effort to support National Cyber Security Awareness Month I wanted to provide information on the need for everyone within a business to be aware of their role in keeping the organization safe from cyber attacks. Let’s discuss some of the areas where we see existing organizations employees may be lacking in…
The post It’s Everyone’s Job to Ensure Online Safety at Work appeared first on . Read More HERE…
Today, the Messaging, Malware and Mobile Anti-Abuse Working Group (M3AAWG) gave the JD Falk Award to the Business Email Compromise (BEC) List. The BEC List comprises cybersecurity firms, researchers and internet infrastructure companies that help deal with cybercriminal activities and schemes. The JD Falk Award is given to individuals or groups whose meritorious work has…
The post The BEC List: Helping Thwart Business Email Compromise through Collaboration appeared first on . Read More HERE…
Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, Google revealed a secret deal with Mastercard that allows it to track what users buy offline. Also, Senate and House representatives warn that regulation may be coming for…
The post This Week in Security News: Tracking and Hacking appeared first on . Read More HERE…
If one of your employees receives an email that looks like it’s from the CEO asking to send sensitive data or to make a wire transfer, could that employee spot it as a fake based on how it is written? He or she may be so concerned with pleasing the CEO that they may urgently…
The post Stop Impersonations of Your CEO by Checking the Writing Style appeared first on . Read More HERE…
For years, one of the most lucrative ways for hackers to generate profits was through ransomware attacks. These instances involve the use of strong encryption to lock victims out of their files and data – attackers then sell the decryption key in exchange for an untraceable Bitcoin ransom payment. Now, however, another highly profitable attack…
The post BEC is Big Business for Hackers: What makes these attacks so hard to prevent? appeared first on . Read More HERE…
The operation also resulted in the seizure of nearly $2.4 million and the recovery of about $14 million in fraudulent wire transfers, said the FBI. READ MORE HERE…
Nigerian-based cybercriminals are growing more dangerous as they add sophisticated tools to their arsenal, including complex remote access trojans, a new report reveals. READ MORE HERE…