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74 arrested after FBI disrupts International gang of BEC scammers
By Waqas In a joint operation, the FBI Federal Bureau of Investigation, This is a post from HackRead.com Read the original post: 74 arrested after FBI disrupts International gang of BEC scammers...
FBI’s BEC Crackdown Leads To 74 Arrests Globally
The FBI announced Monday the results of a major crackdown on scammers behind business email compromise BEC campaigns that resulted in 74 arrests and the retrieval of millions of dollars. Several U.S. federal authorities and police from other countries were involved in Operation WireWire, a...
Feds Arrest 74 Email Fraudsters Involved in Nigerian BEC Scams
The United States Department of Justice announced Monday the arrest of 74 email fraudsters across three continents in a global crackdown on a large-scale business email compromise BEC scheme. The arrest was the result of a six-month-long operation dubbed "Operation Wire Wire" that involved the US...
This Week in Security News: HR and Heritage Hacks
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, the details of 92 million accounts for MyHertitage were discovered on a private server outside of the company. Also, companies using service...
Nigerian BEC Scammers Growing Smarter, More Dangerous
Nigerian business email compromise scams are growing more dangerous and sophisticated as cybercriminals add new tools and techniques to their arsenal such as remote access trojans RATs and advanced information stealers, researchers found. Palo Alto Networks’ Unit 42 said in a report released...
CVE-2018-10299
An integer overflow in the batchTransfer function of a smart contract implementation for Beauty Ecosystem Coin BEC, the Ethereum ERC20 token used in the Beauty Chain economic system, allows attackers to accomplish an unauthorized increase of digital assets by providing two receivers arguments in...
CVE-2018-10299
Beauty Ecosystem Coin (BEC) smart-contract vulnerability: batchTransfer suffers an integer overflow when calculating the amount as the product of cnt and _value, enabling an attacker to inflate balances for two _receivers with a large _value. The issue is documented as batchOverflow and was obser...
TippingPoint Threat Intelligence and Zero-Day Coverage – Week of April 16, 2018
It was a crazy week at this year’s RSA Conference in San Francisco. I always try to get a quick view of the floor to see companies old and new exhibit their wares. Unfortunately, work never sleeps when you attend a conference, and the shortage of seating at this year’s event left many, including...
Gold Galleon Hacking Group Plunders Shipping Industry
SAN FRANCISCO – Researchers have identified the hacking group behind several widescale business email compromise BEC attacks gouging the maritime shipping industry millions of dollars since last year. Attackers are taking advantage of the industry’s lax security and the use of outdated computers,...
Arm your users with knowledge to spot phishing attacks – for free!
Attendees to the Black Hat 2017 security conference said their No. 1 security concern and most time-consuming activity was phishing and social engineering attacks. That’s no surprise with the increase in Business Email Compromise BEC attacks and with most ransomware being delivered by email. But...
2017’s Biggest Threats and What CISOs Can do to Mitigate Risks in 2018
Enterprise Risk Management ERM is getting harder every day. According to the World Economic Forum‘s 2018 Global Risks Perception Survey, cyber attacks and data theft are 3 and 4 respectively of the top 5 likely risks organizations will face this year. This is not surprising, in 2017 CISOs the wor...
TippingPoint Threat Intelligence and Zero-Day Coverage – Week of February 19, 2018
Earlier this week, Trend Micro released its Security Roundup for 2017, which reveals an increase in ransomware, cryptocurrency mining and business email compromise BEC attempts over the past year as cybercriminals refined and targeted their attacks for greater financial return. Surprisingly, some...
New BEC Spam Campaign Targets Fortune 500 Businesses
Researchers have identified a wave of new business email compromise campaigns targeting Fortune 500 companies that are designed to trick victims into fraudulent wire transfers. Researchers said the campaigns originate from Nigeria and are targeting companies in the retail, healthcare and financia...
Security Round-up: Five Things We’ve Learned in 2017
The past 12 months have been packed with geopolitical incidents, global malware threats and ubiquitous big-name data breaches. From the CIA Vault7 and NSA Shadow Brokers leaks at the start of the year, to the WannaCry and NotPetya ‘ransomware’ campaigns, and Uber’s shocking revelations just last...
Cybersecurity in the Workplace is Everybody’s Business
What can individual users do to preserve cybersecurity at work? Your organization is spending on cybersecurity tools, you have an awareness program, and if you look you will find that there are standards and procedures for choosing and maintaining products to help keep information secure. But wha...
Threat Landscape for Industrial Automation Systems in H1 2017
Kaspersky Lab Industrial Control Systems Cyber Emergency Response Team Kaspersky Lab ICS CERT publishes the results of its research on the threat landscape for industrial automation systems for the first six months of 2017. All statistical data used in this report was collected using the Kaspersk...
The New Email Security Technologies Powered by XGen™
Today we are excited to introduce new email security technologies powered by XGen™ and a new product, Smart Protection for Office 365. This new service combines the advantages of both an email gateway with an API service integrated solution to provide complete threat protection for Microsoft Offi...
Grading our Predictions: See how we fared in 1H 2017
In December of last year, we released eight predictions as to what we thought the 2017 cybersecurity landscape would hold. Although we’ve definitely observed new trends and attacks that we didn’t foresee, we’ve also seen several of our predictions play out as anticipated. With only three and a ha...
This Week in Security News
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. Below you’ll find a quick recap of topics followed by links to news articles and/or our blog posts providing additional insight. Be sure to check back...
How hackers have improved their BEC attack methods
Email is increasingly an integral part of global life, but business email compromise BEC attacks could place these communications at risk. Research by The Radicati Group found that 2.9 billion people worldwide will be using email portals by 2019. Each business user will send 126 messages daily by...