BEC Attacks: Nigeria No Longer the Epicenter as Losses Top $26B

A study of more than 9,000 instances of business email compromise BEC attacks all over the world shows that the number has skyrocketed over the past year, and that the social-engineering scam has expanded well beyond its historic roots in Nigeria. The report from Agari’s Cyber Intelligence Divisi...

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...