Collaborate Disseminate
Financial institutions are in the crosshairs of hackers leveraging the malware to steal sensitive data. Continue reading Raccoon Stealer Malware Scurries Past Microsoft Messaging Gateways
U.S. prosecutors have charged 10 people with fraud-related crimes as part of a global romance scam in which people assume fake identities on dating websites to ask victims for money. Beginning in 2017, prosecutors say, the defendants worked with other conspirators who posed as U.S. residents working abroad. The scammers would at first would ask for small gifts, like gift cards or cell phones, and then ask for larger payments as the relationships evolved, all while being in Nigeria. The arrests in Oklahoma, New York and California nabbed suspects who moved money between banks accounts and protected the fake identities, prosecutors said. The indictment, unsealed Wednesday, comes as U.S. law enforcement continues to file charges in romance-adjacent scams. Business email compromise, one of the leading causes of cybercrime, occurs when thieves hijack a corporate email address and request monetary transfers, sometimes totaling hundreds of thousands or millions of dollars. Veteran […]
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DarkTower President Robin Pugh was chatting with a friend who is the VP of Operations for her family business. She mentioned as an aside that their email had been hacked, and of course, Robin’s cybercrime-fighter ears perked up. The … Continue reading Business Email Compromise (#BEC) Email Forwarding In Action
Spear phishing is the number one cyber-threat to organizations in the European Union, according to the European Cybercrime Centre (EC3), a group of cybersecurity experts set up by Europol to help fight cybercrime. The finding is highlighted in the EC3&… Continue reading Spear phishing is now the main attack vector for cybercriminals, says Europol
“Here’s our new bank account number,” the scammers said. When the real construction firm sent their invoice, payment was made to the crooks. Continue reading Florida city sends $742K to fraudsters as it bites the BEC hook
Nikkei, one of the largest media companies in Japan, with an empire spanning broadcasting, digital media, magazines, and newspapers such as the Financial Times, says that its US subsidiary, Nikkei America, has been scammed out of $29 million.
Read more… Continue reading Nikkei worker tricked into transferring $29 million into scammer’s bank account
Nikkei, one of the largest media companies in Japan, with an empire spanning broadcasting, digital media, magazines, and newspapers such as the Financial Times, says that its US subsidiary, Nikkei America, has been scammed out of $29 million. In a pres… Continue reading Nikkei worker tricked into transferring $29 million into scammer’s bank account
In September, a Nikkei America employee transferred $29 million to BEC scammers who were purporting to be a Nikkei executive. Continue reading BEC Scam Costs Media Giant Nikkei $29 Million
Scammers fleeced the publishing conglomerate Nikkei out of $29 million by impersonating an executive at the international firm. Nikkei America, the U.S. subsidiary of the Japanese company, said on Oct. 30 that one of its employees transferred the funds, equivalent to roughly 3.2 billion Japanese yen, “based on fraudulent instructions by a malicious third party” posing as a corporate boss. It’s the latest high profile business email compromise attack carried out by fraudsters who expoit employees’ inherent trust in other people in their organization. The company didn’t provide any specific details, saying only that it quickly realized it had been defrauded, and that the firm had notified law enforcement in the U.S. and Hong Kong. (Hackers frequently divert stolen money to accounts based in Hong Kong.) “We are investigating and verifying the details of the facts and causes of this incident,” Nikkei said in a statement. The company publishes the Nikkei 225 stock […]
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Continue reading Japanese media giant Nikkei says $29 million lost in BEC scam
What were the phishers after? People’s login details for Office 365. Continue reading Phishers strike at mobile wellness app company