Pierluigi Paganini
November 04, 2024
Nigerian Kolade Ojelade gets 26 years in U.S. for phishing scams that stole millions by hacking email accounts. A Nigerian national was sentenced to 26 years in prison in the US for stealing millions by compromising the email accounts of real estate businesses. The Nigerian national, Kolade Ojelade, Kolade Akinwale Ojelade (34), a resident of […]
Pierluigi Paganini
March 01, 2024
Crooks stole €15.5 million from the European variety retail and discount company Pepco through a phishing attack. The Hungarian business of the European discount retailer Pepco Group has been the victim of a phishing attack, crooks stole about 15 million euros ($16.3 million). The group operates three distribution lines: Poundland in the United Kingdom, Dealz in […]
Pierluigi Paganini
January 03, 2024
Crooks created a new tool that uses Artificial Intelligence (AI) for creating fraudulent invoices used for wire fraud and BEC. Resecurity has uncovered a cybercriminal faction known as “GXC Team“, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Around November 11th, 2023, the group’s leader, operating under the alias […]
Pierluigi Paganini
December 20, 2023
An international law enforcement operation, named HAECHI IV, led to the arrest of approximately 3,500 suspects and the seizure of roughly $300 million worth of assets. Interpol this week announced that an international law enforcement operation, named HAECHI IV, led to the arrest of approximately 3,500 suspects and the seizure of roughly $300 million worth […]
Pierluigi Paganini
December 13, 2023
Microsoft warns that threat actors are using OAuth applications cryptocurrency mining campaigns and phishing attacks. Threat actors are using OAuth applications such as an automation tool in cryptocurrency mining campaigns and other financially motivated attacks. The attackers compromise user accounts to create, modify, and grant high privileges to OAuth applications to carry out malicious activity […]
Pierluigi Paganini
September 25, 2023
A Nigerian national pleaded guilty to wire fraud and money laundering through business email compromise (BEC). The Nigerian national Kosi Goodness Simon-Ebo (29), who is residing in South Africa, pleaded guilty to conspiracy to commit wire fraud and conspiracy to commit money laundering through business email compromise (BEC). According to the US authorities, fraudulent activities […]
Pierluigi Paganini
July 16, 2023
The WormGPT case: How Generative artificial intelligence (AI) can improve the capabilities of cybercriminals and allows them to launch sophisticated attacks. Researchers from SlashNext warn of the dangers related to a new generative AI cybercrime tool dubbed WormGPT. Since chatbots like ChatGPT made the headlines, cybersecurity experts warned of potential abuses of Generative artificial intelligence (AI) […]
Pierluigi Paganini
June 11, 2023
Microsoft researchers warn of banking adversary-in-the-middle (AitM) phishing and BEC attacks targeting banking and financial organizations. Microsoft discovered multi-stage adversary-in-the-middle (AiTM) phishing and business email compromise (BEC) attacks against banking and financial services organizations. In AiTM phishing, threat actors set up a proxy server between a target user and the website the user wishes to […]
Pierluigi Paganini
December 19, 2022
US government is warning of business email compromise (BEC) attacks aimed at hijacking shipments of food products and ingredients. The Federal Bureau of Investigation (FBI), the Food and Drug Administration Office of Criminal Investigations (FDA OCI), and the US Department of Agriculture (USDA) have published a joint security advisory to warn of business email compromise […]
Pierluigi Paganini
May 25, 2022
The Nigeria Police Force has arrested the suspected leader of the SilverTerrier cybercrime group as a result of an international operation. The Nigeria Police Force has arrested the suspected leader of the SilverTerrier cybercrime gang (aka TMT) after a year-long investigation codenamed “Operation Delilah.” SilverTerrier has been active since at least 2014 and focuses on BEC […]
