Nigerian BEC Scams Hit 500 Companies in 50 Countries

A Kaspersky Lab report on Thursday said an especially potent Nigerian Business Email Compromise campaign has stolen sensitive data from over 500 companies in 50 countries. Continue reading Nigerian BEC Scams Hit 500 Companies in 50 Countries

Nigerian BEC Scams Hit 500 Companies in 50 Countries

A Kaspersky Lab report on Thursday said an especially potent Nigerian Business Email Compromise campaign has stolen sensitive data from over 500 companies in 50 countries. Continue reading Nigerian BEC Scams Hit 500 Companies in 50 Countries

How a single email stole $1.9 million from Southern Oregon University

Southern Oregon University has announced that it is the latest organisation to fall victim to a business email compromise attack, after fraudsters simply tricked the educational establishment into transferring money into a bank account under the frauds… Continue reading How a single email stole $1.9 million from Southern Oregon University

The top 5 dumbest cyber threats that work anyway

The common conception of cyber attacks is kind of like bad weather: ranging from irritating to catastrophic, but always unpredictable. Hackers are simply too sophisticated to draw any reliable judgments on and we shouldn’t try. As it turns out, some hackers are fairly predictable in their successful use of really dumb attacks.

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The post The top 5 dumbest cyber threats that work anyway appeared first on Malwarebytes Labs.

Continue reading The top 5 dumbest cyber threats that work anyway

Man charged with $100m ‘whaling’ attack on two US tech giants

Victims of whaling attack not named, but it’s not the first time a big multinational has been targeted, and it won’t be the last Continue reading Man charged with $100m ‘whaling’ attack on two US tech giants

Turning Tables on Nigerian Business Email Scammers

Researchers from Dell SecureWorks infiltrated a Nigerian business email spoofing and business email compromise operation, shutting down a number of money mule accounts in the process. Continue reading Turning Tables on Nigerian Business Email Scammers