‘London Blue’ cybercriminals turn to large-scale email scam
Email users the world over are familiar with the “Nigeria prince” scam in which someone posing as a foreign dignitary requests a money transfer. While this ruse may not fool many, it has grown more clever and industrialized in recent years – to the point of threatening big businesses. A prime example is London Blue, a network of cybercriminals exposed by new research from email-security firm Agari. The group has laid the groundwork for large-scale business email compromise (BEC) attacks by compiling a list of more than 50,000 corporate officials, including dozens of executives from the world’s biggest banks, according to Agari. Over half of the 50,000 targets were in in the United States. “The pure scale of the group’s target repository is evidence that BEC attacks are a threat to all businesses, regardless of size or location,” Agari researchers wrote. BEC attacks use personalized emails, sent using spoofed email-name […]
The post ‘London Blue’ cybercriminals turn to large-scale email scam appeared first on Cyberscoop.
Continue reading ‘London Blue’ cybercriminals turn to large-scale email scam