BEC

Pierluigi Paganini July 18, 2017
Lithuania to extradite the man responsible for 100M email scam against Google and Facebook

A Lithuanian court on Monday ruled the extradite of a man to the US to face charges of allegedly swindling $100M from Google and Facebook via email scam. A Lithuanian man who is allegedly responsible for a $100 million scam (roughly 87 million euros) from tech companies Google and Facebook will be extradited to the United States […]

Pierluigi Paganini June 26, 2017
Reading the 2016 Internet Crime Complaint Center (IC3) report

According to 2106 Internet Crime Complaint Center (IC3) report, 298,728 complaints were received in 2016 totaling more than $1.3 billion in financial loss. According to the new edition of the Internet Crime Complaint Center (IC3) report, 298,728 complaints were received in 2016 totaling more than $1.3 billion in financial loss. The annual FBI’s Internet Crime Complaint […]

Pierluigi Paganini April 17, 2016
American company lost $100 million to BEC fraud

US prosecutors confirmed on Thursday that an American firm lost nearly $100 million in a BEC (business email compromise) scam. The Reuters Agency reported that an unidentified American company was the victim of a clamorous email fraud, scammers have stolen from the firm nearly $100 million. According to the US authorities, fraudsters used a fake […]

Pierluigi Paganini March 20, 2016
Olympic Vision BEC attacks target businesses worldwide with keyloggers

Trend Micro discovered a Business Email Compromise Campaign leveraging on the Olympic Vision keylogger that targets Middle East and Asia Pacific Companies. A new malware-based campaign is targeting key employees from companies in the US, Middle East and Asia. The attackers are using malware in a classic business email compromise (BEC) attack in order to […]