DMARC Adoption Spikes, Higher Ed Remains Behind
As colleges and universities prepare for the fall semester, email protections against surging threats like BEC and phishing are lagging. Continue reading DMARC Adoption Spikes, Higher Ed Remains Behind
Category Archives: BEC
Returning to the Workplace and the Ongoing Threat of Phishing Attacks
Guest post by Richard Hahn, Consulting Manager, Sungard Availability Services
According to the Office of National Statistics (ONS), approximately 14.2 million people (44% of the total number of working adults) have worked from home during the coronavi… Continue reading Returning to the Workplace and the Ongoing Threat of Phishing Attacks
A ‘New Age’ of Sophisticated Business Email Compromise is Coming
A new BEC threat group is heralding more sophisticated email scams that target organizations without DMARC and squeeze as much money out of victims as possible. Continue reading A ‘New Age’ of Sophisticated Business Email Compromise is Coming
Cosmic Lynx: The Highly-Professional Cybercrime Gang Scamming Businesses Out of Millions of Dollars
Things just got serious. Business Email Compromise is no longer solely the province of chancers and opportunistic Nigerian actors such as the Yahoo Boys. Organised criminal gangs with a high level of professionalism have seen the opportunity and seized… Continue reading Cosmic Lynx: The Highly-Professional Cybercrime Gang Scamming Businesses Out of Millions of Dollars
Court Lets Microsoft Seize Web Domains Used in COVID-19 Phishing/BEC Scams and Fraud
A U.S. court order has allowed Microsoft to seize control of key domains controlled by fraudsters to halt criminal activity after an increase in scams targeting users of Office 365. The U.S. District Court for the Eastern District of Virginia this week… Continue reading Court Lets Microsoft Seize Web Domains Used in COVID-19 Phishing/BEC Scams and Fraud
BEC Hotshot with Opulent Social Media Presence to Face U.S. Charges
The Nigerian native has been extradited from Dubai after a string of over-the-top Instagram posts. Continue reading BEC Hotshot with Opulent Social Media Presence to Face U.S. Charges
FBI arrests Famous Instagrammer Ray Hushpuppi over $125m BEC scam
By Deeba Ahmed
Ray Hushpuppi also targeted the English Premier League soccer club…
This is a post from HackRead.com Read the original post: FBI arrests Famous Instagrammer Ray Hushpuppi over $125m BEC scam
Continue reading FBI arrests Famous Instagrammer Ray Hushpuppi over $125m BEC scam
Massive BEC Scheme Run by Nigerian National Dismantled by FBI
A Nigerian national faces charges in the United States emanating from various cybercrime schemes that included business email compromise (BEC) frauds and a number of other alleged infractions. Ramon Olorunwa Abbas, 37, a.k.a. “Ray Hushpuppi”… Continue reading Massive BEC Scheme Run by Nigerian National Dismantled by FBI
Nigerian National Extradited to United States on BEC Scam Charges
A Nigerian national entered into the custody of the FBI to face charges of having targeted several U.S. companies with business email compromise (BEC) scams. On July 3, the U.S. Attorney’s Office for the Northern District of Illinois announced th… Continue reading Nigerian National Extradited to United States on BEC Scam Charges
First-Ever Russian BEC Gang, Cosmic Lynx, Uncovered
Researchers warn that Cosmic Lynx targets firms that don’t use DMARC and uses a “mergers and acquisitions” pretext that can lead to large sums of money being stolen. Continue reading First-Ever Russian BEC Gang, Cosmic Lynx, Uncovered