Mining Company NioCorp Loses $500,000 in BEC Hack
NioCorp Developments has informed the SEC that it lost $0.5 million after its systems were compromised.
The post Mining Company NioCorp Loses $500,000 in BEC Hack appeared first on SecurityWeek.
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NioCorp Developments has informed the SEC that it lost $0.5 million after its systems were compromised.
The post Mining Company NioCorp Loses $500,000 in BEC Hack appeared first on SecurityWeek.
Kosi Goodness Simon-Ebo, a Nigerian national, pleaded guilty in a US court to his involvement in a million-dollar BEC fraud scheme.
The post Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role appeared first on SecurityWeek.
A Nigerian national pleaded guilty to wire fraud and money laundering through business email compromise (BEC). The Nigerian national Kosi Goodness Simon-Ebo (29), who is residing in South Africa, pleaded guilty to conspiracy to commit wire fraud and conspiracy to commit money laundering through business email compromise (BEC). According to the US authorities, fraudulent activities […]
The post Nigerian National pleads guilty to participating in a millionaire BEC scheme appeared first on Security Affairs.
A new study found that 4.31% of phishing attacks mimicked Microsoft, far ahead of the second most-spoofed brand PayPal.
By Habiba Rashid
The new attack has been dubbed Phishing 3.0.
This is a post from HackRead.com Read the original post: Phishing 3.0: Crooks Leverage AWS in Deceptive Email Campaigns
The WormGPT case: How Generative artificial intelligence (AI) can improve the capabilities of cybercriminals and allows them to launch sophisticated attacks. Researchers from SlashNext warn of the dangers related to a new generative AI cybercrime tool dubbed WormGPT. Since chatbots like ChatGPT made the headlines, cybersecurity experts warned of potential abuses of Generative artificial intelligence (AI) […]
The post WormGPT, the generative AI tool to launch sophisticated BEC attacks appeared first on Security Affairs.
By Waqas
Malicious AI Unleashed: WormGPT Raises Concerns in Cybersecurity!
This is a post from HackRead.com Read the original post: WormGPT – The Malicious ChatGPT Alternative Empowering Cybercriminals
Microsoft researchers warn of banking adversary-in-the-middle (AitM) phishing and BEC attacks targeting banking and financial organizations. Microsoft discovered multi-stage adversary-in-the-middle (AiTM) phishing and business email compromise (BEC) attacks against banking and financial services organizations. In AiTM phishing, threat actors set up a proxy server between a target user and the website the user wishes to […]
The post Microsoft warns of multi-stage AiTM phishing and BEC attacks appeared first on Security Affairs.
BEC scammers use residential IP addresses in attacks to make them seem locally generated and evade detection.
The post Microsoft: BEC Scammers Use Residential IPs to Evade Detection appeared first on SecurityWeek.
Abnormal Security is tracking cybercriminals from an unusual location for business email compromises who are using sophisticated spoofing to spur payments for fake acquisitions.
The post Israel-based threat actors show growing sophistication of email a…