BEC

Pierluigi Paganini February 20, 2022
BEC scammers impersonate CEOs on virtual meeting platforms

The FBI warned US organizations and individuals are being increasingly targeted in BECattacks on virtual meeting platforms The Federal Bureau of Investigation (FBI) warned this week that US organizations and individuals are being increasingly targeted in BEC (business email compromise) attacks on virtual meeting platforms. Business Email Compromise/Email Account Compromise (BEC/EAC) is a sophisticated scam that […]

Pierluigi Paganini July 20, 2021
Microsoft secured court order to take down domains used in BEC campaign

Microsoft has seized 17 malicious homoglyph domains used by crooks in a business email compromise (BEC) campaign targeting its users. Microsoft’s Digital Crimes Unit (DCU) has seized 17 domains that were used by scammers in a business email compromise (BEC) campaign aimed at its customers. The IT giant secured a court order that allowed it to take down “homoglyph” domains […]

Pierluigi Paganini June 14, 2021
Microsoft experts disrupted a large-scale BEC campaign

Microsoft disrupted a large-scale business email compromise (BEC) campaign that used forwarding rules to access messages related to financial transactions. Microsoft researchers announced to have disrupted the cloud-based infrastructure used by crooks in a recent large-scale business email compromise (BEC) campaign. The attackers breached the mailboxes of the victims using phishing messages, then exfiltrated sensitive […]

Pierluigi Paganini June 13, 2021
APWG: Phishing maintained near-record levels in the first quarter of 2021

The Anti-Phishing Working Group (APWG) revealed that the number of phishing websites peaked at record levels in the first quarter of 2021. The Anti-Phishing Working Group (APWG) has published its new Phishing Activity Trends Report related to the first quarter of 2021. The document revealed that phishing maintained record levels in the first quarter of 2021, the […]

Pierluigi Paganini May 08, 2021
Microsoft warns of a large-scale BEC campaign to make gift card scam

Microsoft is warning of a large-scale BEC campaign that targeted hundreds of organizations leveraging typo-squatted domains registered days before the attacks. Business email compromise (BEC) attacks represent a serious threat for organizations worldwide, according to the annual report released by FBI’s Internet Crime Complaint Center, the 2020 Internet Crime Report, in 2020, the IC3 received 19,369 Business […]

Pierluigi Paganini March 18, 2021
Reading the FBI IC3’s ‘2020 Internet Crime Report’

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report, which includes data from 791,790 complaints of suspected cybercrimes. The FBI’s Internet Crime Complaint Center (IC3) has published its annual report, the 2020 Internet Crime Report, which provides information from 791,790 complaints of suspected cybercrimes affecting victims in the U.S.. Data that […]

Pierluigi Paganini November 25, 2020
Operation Falcon: Group-IB helps INTERPOL identify Nigerian BEC ring members

Group-IB supported an INTERPOL-led operation Falcon targeting business email compromise cybercrime gang from Nigeria, dubbed TMT. Group-IB, a global threat hunting and intelligence company, supported an INTERPOL-led operation Falcon targeting business email compromise (BEC) cybercrime gang from Nigeria, dubbed TMT by Group-IB. A cross-border anti-cybercrime effort that involved INTERPOL’s Cybercrime Directorate, Nigerian Police Force, and Group-IB’s APAC Cyber Investigations Team has resulted in the […]

Pierluigi Paganini June 17, 2020
Operation In(ter)reception targets Military and Aerospace employees in Europe and the Middle East

Experts uncovered a new cyber-espionage campaign, dubbed “Operation In(ter)reception,” aimed at aerospace and military organizations in Europe and the Middle East. Security experts from ESET uncovered a new sophisticated cyber-espionage campaign, dubbed “Operation In(ter)reception,” aimed at aerospace and military organizations in Europe and the Middle East. The attackers were attempting to spy on key employees […]

Pierluigi Paganini May 14, 2020
Crooks stole $10 million from Norway’s state investment fund Norfund

Norway’s state investment fund, Norfund, suffered a business email compromise (BEC) attack, hackers stole $10 million. Hackers stole $10 million from Norway’s state investment fund, Norfund, in a business email compromise (BEC) attack. Norfund is a private equity company established by the Norwegian Storting (parliament) in 1997 and owned by the Norwegian Ministry of Foreign […]

Pierluigi Paganini May 09, 2020
SilverTerrier gang uses COVID-19 lures in BEC attacks against healthcare, government organizations

Nigerian cyber gang SilverTerrier, specialized in BEC attacks, used COVID-19 lures in recent attacks on healthcare and government organizations. Researchers at Palo Alto Networks observed a Nigerian cyber gang, tracked as SilverTerrier and specialized in BEC attacks, using COVID-19 lures in a recent wave of attacks on healthcare and government organizations. SilverTerrier has been active since […]