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All posts in Business Email Compromise

Major BEC Phishing Ring Cracked Open with 3 Arrests

Some 50,000 targeted victims have been identified so far in a massive, global scam enterprise that involves 26 different malwares. Three men suspected of participating in a massive business email compromise (BEC) ring have been arrested in Lagos, Nigeria. A joint INTERPOL, Group-IB and Nigeria Police Force cybercrime investigation resulted . . . Read more

Google Services Weaponized to Bypass Security in Phishing, BEC Campaigns

Attackers exploiting an array of Google Services, including Forms, Firebase, Docs and more to boost phishing and BEC campaigns. A spike in recent phishing and business email compromise (BEC) attacks can be traced back to criminals learning how to exploit Google Services, according to research from Armorblox. Social distancing has . . . Read more

Wisc. GOP’s $2.3M MAGA Hat Debacle Showcases Fraud Concerns

Scammers bilked Wisconsin Republicans out of $2.3 million in a basic BEC scam — and anyone working on the upcoming election needs to pay attention.    The Wisconsin Republican party’s war chest is lighter by $2.3 million after scammers posing as MAGA-hat vendors were able to spoof invoices in what . . . Read more

Rapper Scams $1.2M in COVID-19 Relief, Gloats with ‘EDD’ Video

The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

BEC Attacks: Nigeria No Longer the Epicenter as Losses Top $26B

The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

Why Web Browser Padlocks Shouldn’t Be Trusted

The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

BEC Wire Transfers Average $80K Per Attack

The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.