ID Thieves Turn to Snail Mail as Juicy Target for Financial Crimes

As it gets harder for cybercriminals to bypass business email compromise BEC defenses, some hackers are switching from email scams to real-mail cons. Researchers at Flashpoint said they are monitoring hacker forums where criminals are swapping tips on a growing ID theft and financial crime area,...

Raccoon Stealer Malware Scurries Past Microsoft Messaging Gateways

Criminals behind malware dubbed Raccoon Stealer have adopted a simple and effective technique to circumvent Microsoft and Symantec anti-spam messaging gateways. The technique has been used in a recent campaign targeting financial institutions via business email compromise BEC attacks. According t...

Not us, YOU: vendor email compromise explained

Silent Starling, an online organized criminal group hailing from West Africa, seem to have reminded SMBs and enterprises alike the perils of business email compromise BEC scams once more. This time, they've advanced BEC into a more potent modality by widening the scope of its potential targets an...

BEC Scam Costs Media Giant Nikkei $29 Million

Media conglomerate Nikkei Inc. has fallen victim to a business email compromise BEC scam that fleeced the company out of $29 million. Nikkei is Japan’s largest financial media organization and lends its name to Japan’s premier stock index, which is the equivalent of the Dow Jones Industrial Avera...

This Week in Security News: How a Partnership can Advance DevSecOps and Cybersecurity Issues in the Midwest and South U.S.

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn about how Trend Micro’s partnership with Snyk will advance DevSecOps. Also, read about cyber attacks affecting hospitals in Alabama an...

Tackling the BEC Epidemic in a New Partnership with INTERPOL

In just a few short years, Business Email Compromise BEC has gone from a peripheral threat to a major cyber risk for organizations. It’s making criminal gangs millions of dollars each month, hitting corporate profits and reputation in the process. Trend Micro has built a formidable array of...

MasterMana botnet hits users by evading detection with URL shorteners

By Waqas Dubbed MasterMana by researchers; the botnet utilizes every available option to target its victims including dropping backdoors and phishing attacks through business email compromise commonly known as BEC. This is a post from HackRead.com Read the original post: MasterMana botnet hits...

Why This New Cybergang is Heralding a New Age For BEC

A newly-uncovered business email compromise BEC cybergang, dubbed Silent Starling, has found success using a tricky technique to swindle funds from more than 500 organizations worldwide. The West African cybergang has been using a method that researchers with Agari – who discovered them in late...

Before He Spammed You, this Sly Prince Stalked Your Mailbox

A reader forwarded what he briefly imagined might be a bold, if potentially costly, innovation on the old Nigerian prince scam that asks for help squirreling away millions in unclaimed fortune: It was sent via the U.S. Postal Service, with a postmarked stamp and everything. In truth these old...

A week in security (September 9 – 15)

Last week on the Labs blog, we looked at free VPN offerings, how malware can hinder vital emergency services, and explored how the Heartbleed vulnerability is still causing problems. We also talked about a large FTC settlement involving Google, and how to keep an eye out for leaky AWS buckets...

Cybercriminals Adding Sophistication to BEC Threats

Cybercriminals are boosting their game and employing new tactics to move up the chain of command with more sophisticated business email compromise BEC threats that pose a greater threat to organizations, according to a new report. Advanced BEC attacks–including impersonation attacks and CEO...

Feds Indict 281 People for Involvement in Massive Email Fraud Scheme

Federal authorities have arrested 281 people and seized nearly $3.7 million in a coordinated effort between multiple agencies to disrupt a massive email-fraud scheme. Perpetrators of a global business email compromise BEC scheme were the target of a four-month investigation that began in May call...

Hundreds of BEC Scammers Arrested in Nigeria and U.S. — $3.7 Million Recovered

Breaking News — The Nigerian prince and his allies who might have also asked you over an email for your assistance to help save "the first African astronaut lost in space" have finally been arrested by the FBI. Don't take it too seriously, as there's no Nigerian prince or an astronaut seeking you...

281 Alleged Email Scammers Arrested in Massive Global Sweep

The most sweeping takedown yet of so-called BEC scammers involved arrests in nearly a dozen countries...

This Week in Security News: Ransomware Campaigns and Cryptocurrency Miners

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn about continuing cybersecurity attacks targeting small governments. Also, read how XDR, Trend Micro’s newest solution, is more...

This Week in Security News: Ransomware Campaigns and Cryptocurrency Miners

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, learn about continuing cybersecurity attacks targeting small governments. Also, read how XDR, Trend Micro’s newest solution, is more...

Podcast: Behind-the-Scenes Look at Scattered Canary BEC Cybergang

LONDON, U.K. – At Infosecurity Europe, Threatpost caught up with Agari researchers to discuss their threat research unveiled at the show about a newly-unveiled business email compromise BEC cybergang. The cybercriminal group, which researchers called Scattered Canary, has been evolving for over 1...

Newly-Identified BEC Cybergang Targets U.S. Enterprise Victims

LONDON, U.K. – Researchers have identified a highly-sophisticated Nigerian business email compromise gang targeting U.S enterprises and government institutions. The cybercrime group, dubbed Scattered Canary, has evolved over the past 10 years from a one-man shop working Craigslist scams into a...

ThreatList: Nigerian Cybercrime Surged 54 Percent in 2018

In 2018, Nigeria-based cybercrime jumped 54 percent over the previous year, as groups of scammers expanded their operations adding new tactics and reaching a wider breadth of targets. The increase, outlined in a report released Thursday by Palo Alto Network’s Unit 42, shows that Nigerian scammers...

News Wrap: Cartoon Network Hack, the Catholic Church and Jason Statham Scams

A slew of strange security news stories made headlines this week, from scams to hacks. The Threatpost team breaks down the top stories that made everyone scratch their heads, including: –Cartoon Network streaming websites being hacked to play Brazilian stripper videos. – A Catholic church in...