Tags business email compromise
Criminals made off with $301 million per month last year via business email compromise scams
Attacks on the manufacturing and construction industries propelled much of the growth.
West Africa's Scattered Canary gang shows how cybercriminals supersize email scams
For a time, the group almost exclusively targeted businesses in the U.S. and Canada, netting over 3,000 account credentials through phishing.
Email scammers stole more than $150K from defense contractors and a university, FBI says
Scammers were able to obtain fraudulent lines of credit to buy expensive technical equipment in the organizations’ names, the FBI said last week in an industry advisory obtained by CyberScoop.
‘London Blue’ cybercriminals turn to large-scale email scam
Criminals have used data brokers to compile a 50,000-person target list for their business email compromise scam.
Eight men arrested in alleged $15 million hacking scheme
Business email compromise undeniably pays well.
FBI announces arrest of 74 email fraudsters on three continents
The FBI on Monday announced the arrest of 74 people across three continents for hijacking bank transfers using email fraud.