BEC scams
BEC scams: How to avoid them and how to fight back
Phishing and spear-phishing emails are a constant threat to all users, but enterprises are positively inundated with them. “Most businesses will use a spam filter and …
Internet crime: The continuing rise of the BEC scam
Through its website, the FBI’s Internet Crime Complaint Center (IC3) accepts complaints about Internet-facilitated criminal activity, and forwards them to the …
Email scammers swindle US State Supreme Court judge out of $1 milion
If often happens to less prominent individuals, but this time it happened to a US State Supreme Court judge: scammers have managed trick her into wiring the money meant for …
Email-borne threats: Watch your inbox closely on Thursdays
Malicious email attachment message volume spikes more than 38% on Thursdays over the average weekday volume. Ransomware attackers in particular favor sending malicious …
Data breach activity reaches all-time high
With over 1,200 breaches and over 3.4 billion records exposed, 2017 is already on pace to be yet another “worst year on record” for data breach activity, according to Risk …
Know your enemy: Defining the new taxonomy of malicious emails
Just as it is the default tool for most businesses, email’s capacity for rapid, mass communication has made it a favourite instrument of criminals. As a result, malicious …
Most organizations were victims of business email compromise in 2016
Nearly three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud last year, according to the Association for Financial …
Lithuanian arrested for $100 million BEC scams
Criminal charges were announced against Evaldas Rimasauskas for orchestrating a fraudulent business email compromise (BEC) scheme that induced two U.S.-based Internet …
The West African cybercriminal ecosystem is unlike any other
While there is still not an actual underground marketplace, cybercrime is pervasive in the West African region. Specifically, scamming operations. The peculiarities of the …
Scammers are blending W-2 phishing with wire fraud
During last year’s run-up to the US Tax Day, scammers mercilessly targeted companies’ payroll and human resources professionals, tricking them into handing over …
Next year, attacks will differentiate to penetrate new vulnerable surfaces
The upcoming year will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to capitalize on the changing technology …
Nigerian scammers: Then and now
The image that the expression “Nigerian scammer” conjures up in most people’s heads is still that of the confidence man behind the keyboard, convincing …