Masterminds behind prolific CEO fraud ring arrested
It took two years and a collaborative effort of French, Belgian, Romanian and Israeli law enforcement agencies to take down an organised crime group that was behind at least …
BEC scams
The operations and economics of organized criminal email groups
Nine of the 10 captured organized criminal email groups operate out of Nigeria, they all leverage a multitude of attack methods, and business email compromise (BEC) is far …
When BEC scammers specialize
A group of BEC scammers has been focusing its efforts on the global maritime shipping industry, compromising emails accounts and attempting to trick targets into delivering …
Understanding email fraud: Do you have visibility into email threats?
82% of boards are concerned with email fraud, and 59% consider it a top security risk – no longer just an IT issue. Yet 30% of respondents to a survey conducted by …
BEC scammers actively targeting Fortune 500 companies
Nigerian scammers are targeting Fortune 500 companies, and have already stolen millions of dollars from some of them, IBM Security researchers have found. Their strategy is …
The advent of GDPR could fuel extortion attempts by criminals
The number of exploit kit attacks is, slowly but surely, going down, and malware peddlers are turning towards more reliable tactics such as spam, phishing, and targeting …
BEC scams surge, cybercriminals target nearly all organizations
96 percent of organizations have received business email compromise (BEC) emails during the second half of 2017, according to Agari. “BEC is a particularly effective attack …
BEC scammers stealing millions from home buyers
Business Email Compromise (BEC) scams have been on the rise for the last few years, and no industry is safe from these scammers. It has been revealed last week that art …
BEC scammers are robbing art galleries and collectors
BEC scammers are targeting art galleries, collectors and artists, swindling them out of money and, on occasion, ruining their businesses. According to The Art Newspaper, nine …
Canadian university scammed out of $11.8 million
MacEwan University in Edmonton, Alberta, is the latest confirmed victim of scammers. “On Wednesday, August 23, MacEwan University discovered it had been the victim of a …
