What's Your IT Question?

Want to know more about this topic or about us? Contact us!

All posts in BEC

S3 Ep42: Viruses, Nightmares, patches, rewards and scammers [Podcast]

by Paul Ducklin [00’38”] Learning from computer virus history.  [02’26”] The PrintNightmare saga continues.  [05’27”] Apple puts out a patch, but doesn’t say why.  [08’12”] Snitch on a crook and earn $10 million.  [17’50”] Scammars do grammer and speeling correctly.  [25’12”] And the Business Email Compromise that wasn’t. With Doug Aamoth and Paul Ducklin. Intro and outro music by Edith Mudge. . . . Read more

Phishing tricks that really work – and how to avoid them

Co-authored by Juan Badell and Russell Petrich As two people for whom creating phishing emails constitutes legitimate employment (we are on the product team behind the Sophos Phish Threat phishing simulation service) we know we’re in the minority. Like our not-so-lawful counterparts, we spend our days using social engineering techniques . . . Read more

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

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.

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.