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...

This Week in Security News: BEC Attacks and Botnet Malware

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 the prevalence and impact of BEC attacks. Also, find out how botnet malware can perform remote code execution, DDoS attacks and...

BEC Hack Cons Catholic Church Out of $1.75 Million

A church in Brunswick, Ohio was scammed out of a whopping $1.75 million as a result of a business email compromise BEC attack. St. Ambrose Catholic Parish, which has around 16,000 members, has been working on a massive $4 million church renovation, dubbed “Vision 20/20” – but attackers figured ou...

A look inside the FBI’s 2018 IC3 online crime report

The FBI’s Internet Crime Complaint Center have released their annual Crime Report, with the most recent release focusing on 2018. While the contents may not surprise, it definitely cements some of the bigger threats to consumers and businesses—and not all of them are particularly high tech...

FBI: BEC Scam Losses Almost Double To Reach $1.2 Billion

Business email compromise BEC scams are squeezing more money than ever out of victims, with losses from the attacks almost doubling year-over-year in 2018 to reach $1.2 billion. That’s according to the FBI’s annual Internet Crime Report IC3 for 2018, which records the number of complaints, losses...

Hit the Easy Button for Your Organization’s Gmail Security

Fifteen years ago, Gmail was launched by Google. The web-based service now has 1.5 billion users a month. In addition to being the extremely popular personal email service, Gmail is also a key component of G Suite for organizations. One of the many reasons of Gmail’s popularity is its security...

BEC Scam Gang London Blue Evolves Tactics, Targets

Prolific business email compromise group London Blue has been spotted in a recent campaign that demonstrates the group’s evolved tactics and improved targeting via an updated database. London Blue has been around since 2011 – but researchers spotted the business email compromise BEC group again i...