While crooks continue to exploit the Coronavirus outbreak, the Europol announced to have arrested a man involved in COVID19 business scams. The Europol announced the arrest of a 39-year old man that is allegedly involved in Business email scam (BEC) connected to the current Coronavirus outbreak. The man has been arrested early this week in […]
A cybercrime gang focused on Business Email Compromise (BEC) has started using coronavirus-themed scam emails in its attacks. While the Coronavirus is spreading worldwide cybercriminals and nation-state actors are launching COVID19-themed attacks on a global scale. Most of the attacks aimed at spreading malware to control victims’ computers and stealing sensitive data, but now a […]
The FBIâs Internal Crime Complaint Center (IC3) released the FBI 2019 Internet Crime Report, a document that outlines cybercrime trends over the past year. Here we are to analyze the annual FBI 2019 Internet Crime Complaint Center (IC3), one of the most interesting documents on the crime trends observed in the last 12 months. The figure […]
Crooks behind the Raccoon Stealer have adopted a simple and effective technique to circumvent popular anti-spam messaging gateways. Cybercriminals behind the Raccoon Stealer have adopted a simple and effective technique to circumvent Microsoft and Symantec anti-spam messaging gateways. The Raccoon stealer was first spotted in April, it was designed to steal victimsâ credit card data, […]
Toyota Boshoku Corporation announced that one of its European subsidiaries lost more than $37 million due to a business email compromise (BEC) attack. Toyota Boshoku Corporation is a Japanese automotive component manufacturer, it is a member of the Toyota Group of companies. Toyota Boshoku Corporation has announced that one of its European subsidiaries lost more than $37 million following a business […]
DOJ charged 80 people, most of them are Nigerian nationals, with participating in massive BEC and romance scams that collected millions of dollars. Federal authorities arrested 80 people accused participating in massive BEC and romance scams that raked millions of dollars from victims worldwide. The suspected fraudsters, many of whom are Nigerian nationals, prosecutors say, who […]
Security experts from Digital Shadows have conducted an interesting study about the technique adopted by crooks to infiltrate company emails, so-called BEC scam. According to the FBI, the number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018. Business email compromise (BEC) and email account […]
The number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018. FBI provided further data related to Email Account Compromise, according to the feds, the number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018. “Business […]
US authorities announced the arrest of 74 individuals as part of an international law enforcement operation dubbed ‘operation WireWire’ targeting BEC scams. On Monday, the U.S. authorities announced the arrest of 74 individuals as part of an international law enforcement operation dubbed ‘operation WireWire’ targeting business email compromise (BEC) scams. The authorities conducted the investigation for over […]
The FBIâs Internal Crime Complaint Center (IC3) released the FBI 2017 Internet Crime Report, a document that outlines cybercrime trends over the past year. Here we are to analyze the annual FBI 2017 Internet Crime Report, one of the most interesting documents on the crime trends in the last 12 months. The first figure that captures […]