Pierluigi Paganini
March 15, 2020
A cybercrime gang focused on Business Email Compromise (BEC) has started using coronavirus-themed scam emails in its attacks. While the Coronavirus is spreading worldwide cybercriminals and nation-state actors are launching COVID19-themed attacks on a global scale. Most of the attacks aimed at spreading malware to control victims’ computers and stealing sensitive data, but now a […]
Pierluigi Paganini
February 12, 2020
The FBIâs Internal Crime Complaint Center (IC3) released the FBI 2019 Internet Crime Report, a document that outlines cybercrime trends over the past year. Here we are to analyze the annual FBI 2019 Internet Crime Complaint Center (IC3), one of the most interesting documents on the crime trends observed in the last 12 months. The figure […]
Pierluigi Paganini
November 25, 2019
Crooks behind the Raccoon Stealer have adopted a simple and effective technique to circumvent popular anti-spam messaging gateways. Cybercriminals behind the Raccoon Stealer have adopted a simple and effective technique to circumvent Microsoft and Symantec anti-spam messaging gateways. The Raccoon stealer was first spotted in April, it was designed to steal victimsâ credit card data, […]
Pierluigi Paganini
September 08, 2019
Toyota Boshoku Corporation announced that one of its European subsidiaries lost more than $37 million due to a business email compromise (BEC) attack. Toyota Boshoku Corporation is a Japanese automotive component manufacturer, it is a member of the Toyota Group of companies. Toyota Boshoku Corporation has announced that one of its European subsidiaries lost more than $37 million following a business […]
Pierluigi Paganini
August 25, 2019
DOJ charged 80 people, most of them are Nigerian nationals, with participating in massive BEC and romance scams that collected millions of dollars. Federal authorities arrested 80 people accused participating in massive BEC and romance scams that raked millions of dollars from victims worldwide. The suspected fraudsters, many of whom are Nigerian nationals, prosecutors say, who […]
Pierluigi Paganini
October 09, 2018
Security experts from Digital Shadows have conducted an interesting study about the technique adopted by crooks to infiltrate company emails, so-called BEC scam. According to the FBI, the number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018. Business email compromise (BEC) and email account […]
Pierluigi Paganini
July 15, 2018
The number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018. FBI provided further data related to Email Account Compromise, according to the feds, the number of business email account (BEC) and email account compromise (EAC) scam incidents worldwide reached 78,000 between October 2013 and May 2018. “Business […]
Pierluigi Paganini
June 12, 2018
US authorities announced the arrest of 74 individuals as part of an international law enforcement operation dubbed ‘operation WireWire’ targeting BEC scams. On Monday, the U.S. authorities announced the arrest of 74 individuals as part of an international law enforcement operation dubbed ‘operation WireWire’ targeting business email compromise (BEC) scams. The authorities conducted the investigation for over […]
Pierluigi Paganini
May 08, 2018
The FBIâs Internal Crime Complaint Center (IC3) released the FBI 2017 Internet Crime Report, a document that outlines cybercrime trends over the past year. Here we are to analyze the annual FBI 2017 Internet Crime Report, one of the most interesting documents on the crime trends in the last 12 months. The first figure that captures […]
Pierluigi Paganini
July 18, 2017
A Lithuanian court on Monday ruled the extradite of a man to the US to face charges of allegedly swindling $100M from Google and Facebook via email scam. A Lithuanian man who is allegedly responsible for a $100 million scam (roughly 87 million euros) from tech companies Google and Facebook will be extradited to the United States […]
