Talos IR trends: BEC attacks surge, while weaknesses in MFA persist

Business email compromise BEC was the top threat observed by Cisco Talos Incident Response Talos IR in the first quarter of 2024, accounting for nearly half of engagements, which is more than double what was observed in the previous quarter. The most observed means of gaining initial access was t...

TA4903 Spoofing Government Entities and SMBs for Financial Gain

Summary: TA4903, a financially motivated threat actor, conducts high-volume email campaigns targeting U.S. organizations for credential phishing and business email compromise BEC. They spoof various U.S. government agencies and private businesses, employing tools like EvilProxy and incorporating ...

Prevent BEC with AI-Powered Email and Collaboration

Latest Trend Vision One™ platform integration addresses growing need for streamlined IT and security operations across email and messaging environments...

Threat actors misuse OAuth applications to automate financially driven attacks

Threat actors are misusing OAuth applications as an automation tool in financially motivated attacks. OAuth is an open standard for token-based authentication and authorization that enables applications to get access to data and resources based on permissions set by a user. Threat actors compromi...

Threat actors misuse OAuth applications to automate financially driven attacks

Threat actors are misusing OAuth applications as an automation tool in financially motivated attacks. OAuth is an open standard for token-based authentication and authorization that enables applications to get access to data and resources based on permissions set by a user. Threat actors compromi...

New BEC 3.0 Attack Exploiting Dropbox for Phishing

By Deeba Ahmed This is an active campaign, with 5,440 attacks detected in the first two weeks of September. This is a post from HackRead.com Read the original post: New BEC 3.0 Attack Exploiting Dropbox for Phishing...

W3LL Store: How a Secret Phishing Syndicate Targets 8,000+ Microsoft 365 Accounts

A previously undocumented "phishing empire" has been linked to cyber attacks aimed at compromising Microsoft 365 business email accounts over the past six years. "The threat actor created a hidden underground market, named W3LL Store, that served a closed community of at least 500 threat actors w...

Microsoft Defender for Office 365 gets highest rating in SE Labs Enterprise Email Security Services test for Q1 2023

In the ever-evolving world of cybersecurity, email remains a primary attack vector for cybercriminals, making effective email protection a foundational piece of any organization’s security strategy. In Q1 2023, Microsoft was once again part of an evaluation of email security platforms conducted b...

Phishers Exploiting Google Docs to Harvest Crypto Credentials

By Deeba Ahmed The phishing campaign has been dubbed BEC 3.0 by researchers. This is a post from HackRead.com Read the original post: Phishers Exploiting Google Docs to Harvest Crypto Credentials...

Revolut Faces $20 Million Loss as Attackers Exploit Payment System Weakness

Malicious actors exploited an unknown flaw in Revolut's payment systems to steal more than $20 million of the company's funds in early 2022. The development was reported by the Financial Times, citing multiple unnamed sources with knowledge of the incident. The breach has not been disclosed...

Adversary-in-the-Middle Attack Campaign Hits Dozens of Global Organizations

"Dozens" of organizations across the world have been targeted as part of a broad business email compromise BEC campaign that involved the use of adversary-in-the-middle AitM techniques to carry out the attacks. "Following a successful phishing attempt, the threat actor gained initial access to on...

Microsoft Uncovers Banking AitM Phishing and BEC Attacks Targeting Financial Giants

Banking and financial services organizations are the targets of a new multi-stage adversary-in-the-middle AitM phishing and business email compromise BEC attack, Microsoft has revealed. "The attack originated from a compromised trusted vendor and transitioned into a series of AiTM attacks and...

Detecting and mitigating a multi-stage AiTM phishing and BEC campaign

Microsoft Defender Experts uncovered a multi-stage adversary-in-the-middle AiTM phishing and business email compromise BEC attack against banking and financial services organizations. The attack originated from a compromised trusted vendor and transitioned into a series of AiTM attacks and...

Detecting and mitigating a multi-stage AiTM phishing and BEC campaign

Microsoft Defender Experts uncovered a multi-stage adversary-in-the-middle AiTM phishing and business email compromise BEC attack against banking and financial services organizations. The attack originated from a compromised trusted vendor and transitioned into a series of AiTM attacks and...

bec-natura.com Cross Site Scripting vulnerability OBB-3356270

Following the coordinated and responsible vulnerability disclosure guidelines of the ISO 29147 standard, Open Bug Bounty has: a. verified the vulnerability and confirmed its existence; b. notified the website operator about its existence. Technical details of the vulnerability are currently hidde...

Expert-Led Webinar: Learn Proven Strategies to Secure Your Identity Perimeter

The stakes are high when it comes to cybersecurity. No longer are we dealing with unskilled hackers trying to break into corporate systems with brute force. Today, cybercriminals are using highly sophisticated methods like social engineering, spear phishing, and BEC to target users directly and l...

Business Email Compromise attack imitates vendors, targets supply chains

Today we have a fascinating tale of a business email compromise BEC group steering clear of targeting executives, in favour of fouling up supply chains instead. The attack, which may sound overly complicated, is a fairly streamlined attack with the intention of making a lot of money. BEC: What is...

What SOCs Need to Know About Water Dybbuk, A BEC Actor Using Open-Source Toolkits

We analyze a BEC campaign targeting large companies around the world that was leveraging open-source tools to stay under the radar...

BEC Scammer Gets 25-Year Jail Sentence for Stealing Over $9.5 Million

A 46-year-old man in the U.S. has been sentenced to 25 years in prison after being found guilty of laundering over $9.5 million accrued by carrying out cyber-enabled financial fraud. Elvis Eghosa Ogiekpolor of Norcross, Georgia, operated a money laundering network that opened at least 50 business...

Business Email Compromise Attack Tactics

Is BEC more damaging than ransomware? What tactics are BEC actors using? How can organizations bolster their defenses? Jon Clay, VP of threat intelligence, tackles these pertinent questions and more to help reduce cyber risk...