Trend Micro Partners With Interpol and Nigeria’s EFCC for Operation Killer Bee, Takes Down Nigerian BEC Actors

Nigeria’s Economic and Financial Crimes Commission EFCC arrested three suspected scammers from Nigeria who were involved in global scamming campaigns via a sting operation that is part of Operation Killer Bee. Trend Micro provided information on the group and their modus operandi...

Interpol Nabs 3 Nigerian Scammers Behind Malware-based Attacks

Interpol on Monday announced the arrest of three suspected global scammers in Nigeria for using remote access trojans RATs such as Agent Tesla to facilitate malware-enabled cyber fraud. "The men are thought to have used the RAT to reroute financial transactions, stealing confidential online...

Criminals exploited weak checks and old tech to pull off vast COVID benefit fraud

In life, when you encounter something momentuous—a sudden job loss, a routine check-up that revealed an illness you cant afford the medical bills for—you can be assured that the federal or state government has benefits you can apply for it. And where there are benefits, you can also be assured th...

Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities

Three Nigerian citizens suspected of being members of an organized cybercrime group behind distributing malware, carrying out phishing campaigns, and extensive Business Email Compromise BEC scams have been arrested in the city of Lagos, Interpol reported yesterday. The investigation, dubbed...

Targeted Phishing Attacks Successfully Hacked Top Executives At 150+ Companies

In the last few months, multiple groups of attackers successfully compromised corporate email accounts of at least 156 high-ranking officers at various firms based in Germany, the UK, Netherlands, Hong Kong, and Singapore. Dubbed 'PerSwaysion,' the newly spotted cyberattack campaign leveraged...

Spam and phishing in 2017

Figures of the year The share of spam in mail traffic came to 56.63%, down 1.68% against 2016. The biggest source of spam remains the US 13.21%. 40% of spam emails were less than 2 KB in size. The most common malware family found in mail traffic was Trojan-Downloader.JS.Sload The Anti-Phishing...

Researchers Go Inside a Business Email Compromise Scam

LAS VEGAS – Poor operational security on the part of Nigerian scammers running a Business Email Compromise BEC scheme has given researchers a window into their operations. Dell SecureWorks today published a report at Black Hat USA 2016 on what the criminals involved call wire-wire, or “waya-waya....

It's The Stupidity, Stupid: How Absurd Pitches Help Online Scammers Find Their Marks

Do you find e-mail pleas for help from the widow of Democratic Republic of the Congo strongman Mobutu Sese Seko unconvincing or downright silly? That may be the point, according to Microsoft researcher Cormac Herley. The outlandish claims of Nigerian Letter – or “419” – scams serve a critical...