Microsoft Describes a Sophisticated Phishing Campaign that Targeted Several Financial Organizations

Microsoft describes a sophisticated phishing campaign that targeted several financial organizations.

May 23, 2023 Stu Sjouwerman

[Microsoft Warning] A 38% Spike In Business Email Compromise with new Cybercrime-as-a-Service

Microsoft has observed a thirty-eight percent increase in cybercrime-as-a-service (CaaS) offerings for launching business email compromise (BEC) attacks between 2019 and 2022.

May 10, 2023 Stu Sjouwerman

Business Email Compromise and “Confidential” Mergers and Acquisitions

A newly identified criminal organization has been observed running a large number of business email compromise (BEC) scams. Since February 2021, Abnormal Security reports the gang has ...

May 4, 2023 Stu Sjouwerman

Response-Based Business Email Compromise Contributes to 97% of Attacks

The malwareless and seemingly benign nature of business email compromise emails, mixed with impersonation techniques, are difficult to spot as being malicious, making them even more ...

April 6, 2023 Stu Sjouwerman

FBI: Business Email Compromise Attacks Are Being Used to Make Bulk Goods Purchases from Vendors

A new public service announcement focuses on a specific form of BEC attack using little more than a spoofed domain and common vendor payment practices to steal hardware, supplies and more.

March 29, 2023 Stu Sjouwerman

Australian Police Arrest Business Email Compromise (BEC) Operators

The Australian Federal Police (AFP) have arrested four alleged members of an organized crime group known for carrying out business email compromise (BEC) attacks, BleepingComputer ...

March 29, 2023 Stu Sjouwerman

The FBI's Public Service Warning of Business Email Compromise

The US FBI is warning of business email compromise (BEC) attacks designed to steal physical goods. While BEC attacks are typically associated with stealing money, criminals can use the ...

March 20, 2023 Stu Sjouwerman

Report Shows Business Email Compromise (BEC) Attacks Increase and Phishing Used as Initial Attack Vector in the Last Year

Secureworks has published a report looking at cybercrime over the course of 2022, finding that business email compromise (BEC) attacks nearly doubled last year. Additionally, attacks in ...

March 13, 2023 Stu Sjouwerman

Microsoft Warns of Business Email Compromise Attacks Taking Hours

According to Microsoft's Security Intelligence team, a recent business email compromise attack (BEC) has shown that threat actors are quickening the pace of these attacks, with certain ...

March 6, 2023 Stu Sjouwerman

Executive Impersonation Business Email Compromise Attacks Go Beyond English Worldwide

Despite hearing mostly about BEC attacks in English-speaking countries, analysis of new attack groups highlight the threat of these kinds of attacks in other languages.

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