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Tag: Business email compromise

Alleged scammers hid $14 million of stolen money in Bitcoin

The US Federal Bureau of Investigation (FBI) suspects that a group of Nigerian nationals, who allegedly stole at least $17.5 million from two...

BEC Busts Take Down Multimillion-Dollar Operations

The two extraditions of business email compromise attackers indicate a step forward for international law enforcement collaboration.On Friday, July 3, the Department of...

Over $15M Stolen from US Companies and Converted to Bitcoin May Not Be Recovered, FBI Says

The US Federal Bureau of Investigations (FBI) said that the $15.3 million that a Nigerian scammer stole from two Chicago-based firms might not...

Expert On Insta Star Used BEC Fraud Attack to Steal £100m from Football Club

It was reported over the weekend that an Instagram star is facing criminal charges over an attempt to steal £100m from a premier league...

The urgency to defeat ACH transfer fraud (VB Live)

Presented by Envestnet | Yodlee As ACH transfers have increased, accelerated by the pandemic, so has ACH fraud. Now Nacha has launched...

3 Ways to Flatten the Health Data Hacking Curve

With more people working from home, health data security is more challenging but vitally important. These tips can help safeguard healthcare data.Healthcare data...

200% increase in invoice and payment fraud BEC attacks

There has been a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020, according to...

Healthcare CISOs Share COVID-19 Response Stories

Cybersecurity leaders discussed the threats and challenges that arose during the pandemic, and how they responded, during a virtual roundtable.A few months ago,...

Top 5 Phishing Protection Solutions for 2020

A phishing email is one of the very first phases of a phishing attack. It is easy to deploy and monitor and works most...

Aerospace and Defence Employees the Target of Fake Job Offers

A cyber espionage operation used fake job offers, sent via LinkedIn messages, to target employees at aerospace and military companies in Europe and...

Lazarus Group May Have Been Behind 2019 Attacks on European Targets

Telemetry hints that the North Korean actor was behind major cyber-espionage campaign focused on military and aerospace companies, ESET says.North Korea's Lazarus Group...

Cybercriminals banking on finance: Mitigating escalation

When it comes to cyber attacks, no industry is safe. But according to Boston Consulting Group research, financial service firms experience up to...

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