The Nigeria Police Force has arrested the suspected leader of the SilverTerrier cybercrime group as a result of an international operation. The Nigeria Police Force has arrested the suspected leader of the SilverTerrier cybercrime gang (aka TMT) after a year-long investigation codenamed “Operation Delilah.” SilverTerrier has been active since

The FBI has released a public service announcement regarding the ever-present threat of Business Email Compromise (BEC). This comes hot on the heels of an earlier release from the Las Vegas FBI department in April. Losses continue to mount, and we’re currently facing a scam racking up domestic and international losses of $43 billion. What is Busines

Over US $43 billion has been lost through Business Email Compromise attacks since 2016, according to data released this week by the FBI.The FBI’s Internet Crime Complaint Center (IC3) issued a public service announcement on May 4 2022, sharing updated statistics on Business Email Compromise (BEC) attacks which use a variety of social engineering and ph

The FBI warned US organizations and individuals are being increasingly targeted in BECattacks on virtual meeting platforms The Federal Bureau of Investigation (FBI) warned this week that US organizations and individuals are being increasingly targeted in BEC (business email compromise) attacks on virtual meeting platforms. Business Email Compromise/Ema

German logistics giant Hellmann Worldwide Logistics has issued a warning that data was stolen from the company when it was hit with a ransomware attack on December 9, 2021. It is not entirely clear what type of data was extracted, but the company says it is warning partners and customers to double check their communications with it, as a precaution. Criminal

The Spanish National Police (Policía Nacional) has successfully dismantled an organized crime ring of hundreds of members in a sting operation supported by Europol, the Italian National Police (Polizia di Stato), and Eurojust. This is the end result of a year-long investigation. The organized crime ring, which operated in Spain’s Canary Islands, is said t

Criminal hackers will try almost anything to get inside a profitable enterprise and secure a million-dollar payday from a ransomware infection. Apparently now that includes emailing employees directly and asking them to unleash the malware inside their employer’s network in exchange for a percentage of any ransom amount paid by the victim company. Imag

Social engineering attacks have been a longstanding concern for both individuals and organizations alike. The trend, as we know it, is that fraudsters conducting spear phishing attacks—specifically, business email compromise (BEC)—are likely to target employees either in the finance or executive teams of a company as they have authority over financial matter

Microsoft has seized 17 malicious homoglyph domains used by crooks in a business email compromise (BEC) campaign targeting its users. Microsoft’s Digital Crimes Unit (DCU) has seized 17 domains that were used by scammers in a business email compromise (BEC) campaign aimed at its customers. The IT giant secured a court ord

A Texas resident has finally paid the price for a heady mix of malicious mail antics. A combination of business email compromise (BEC) scams and romance fakeouts bagged them $2.2 million across roughly 6 years. This is quite a divergent portfolio of scamming activity. You may typically assume BEC scammers, for example, stick to that as it’s their area of

Last week on Malwarebytes Labs: Want to stop ransomware attacks? Send the cybercriminals to jail, says Brian Honan: Lock and Code S02E11Atomic research institute breached via VPN vulnerabilityHotel staff bust Hermes SMS scammer with suspiciously large number of cablesCity of Liège hit by ransomware, Ryuk suspectedMITRE introduces D3FEND frameworkBrave tak

Microsoft disrupted a large-scale business email compromise (BEC) campaign that used forwarding rules to access messages related to financial transactions. Microsoft researchers announced to have disrupted the cloud-based infrastructure used by crooks in a recent large-scale business email compromise (BEC) campaign. The attackers breached the mailboxes

The Anti-Phishing Working Group (APWG) revealed that the number of phishing websites peaked at record levels in the first quarter of 2021. The Anti-Phishing Working Group (APWG) has published its new Phishing Activity Trends Report related to the first quarter of 2021. The document revealed that phishing maintained record levels in the first quarter of 20

Microsoft is warning of a large-scale BEC campaign that targeted hundreds of organizations leveraging typo-squatted domains registered days before the attacks. Business email compromise (BEC) attacks represent a serious threat for organizations worldwide, according to the annual report released by FBI’s Internet Crime Complaint Center, the 2020 Internet C

Phishers targeting Microsoft Office 365 users increasingly are turning to specialized links that take users to their organization’s own email login page. After a user logs in, the link prompts them to install a malicious but innocuously-named app that gives the attacker persistent, password-free access to any of the user’s emails and files, both