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Who needs MFA when you've got EvilTokens? Hundreds of organizations have been compromised daily by a Microsoft device-code phishing campaign that uses AI and automation at nearly every stage of the attack chain to ultimately snoop through corporate email inboxes and steal financial data.…
Crypto mines, BEC scams, fake passports, and a $300M fraud empire allegedly brought down during Serengeti 2.0 Interpol's latest clampdown on cybercrime resulted in 1,209 arrests across the African continent, from ransomware crooks to business email compromise (BEC) scammers, the agency says.…
Fancy Bear can't keep its claws out of Outlook inboxes The UK government is warning that Russia's APT28 (also known as Fancy Bear or Forest Blizzard) has been deploying previously unknown malware to harvest Microsoft email credentials and steal access to compromised accounts.…
Stolen credentials edge out email tricks for cloud break-ins because they're so easy to get Criminals used stolen credentials more frequently than email phishing to gain access into their victims' IT systems last year, marking the first time that compromised login details claimed the number two spot in Mandiant's list of most common initial infection vectors.…
Why? Because that's where the money is Business email compromise scammers are trying to up their success rate by using a DocuSign API.…
Fraudsters targeted local government, colleges, and construction firms in Texas and North Carolina Two British-Nigerian men were sentenced for serious business email compromise schemes in the US this week, netting them millions of dollars from local government entities, construction companies, and colleges.…
Timor-Leste is a known cybercrime hotspot Two days is all it took for Interpol to recover more than $40 million worth of stolen funds in a recent business email compromise (BEC) heist, the international cop shop said this week.…
Leaves a trail of ransomware infections, data theft, business email compromise in its wake Insight The developers of EvilProxy – a phishing kit dubbed the "LockBit of phishing" – have produced guides on using legitimate Cloudflare services to disguise malicious traffic. This adds to the ever-growing arsenal of tools offering criminals who lack actual technical expertise to get into the digital thievery biz.…
Crook and his alleged co-conspirators said to have used Discord to coordinate A Nigerian national has been convicted of participating in a business email compromise (BEC) scam worth $1.5 million after a jury found him guilty on all counts.…
Funds are currently seized after being sent to offshore accounts The US Justice Department is seeking permission to recover more than $5 million worth of funds stolen from a trade union by business email compromise (BEC) scammers.…
CISA calls for 'fundamental, security-focused reforms' to happen ASAP, delaying work on other software A review of the June 2023 attack on Microsoft's Exchange Online hosted email service – which saw accounts used by senior US officials compromised by a China-linked group called "Storm-0558" – has found that the incident would have been preventable save for Microsoft's lax infosec culture and sub-par cloud security precautions.…
CISA calls for 'fundamental, security-focused reforms' to happen ASAP, delaying work on other software A review of the June 2023 attack on Microsoft's Exchange Online hosted email service – which saw accounts used by senior US officials compromised by a China-linked group called "Storm-0558" – has found that the incident would have been preventable save for Microsoft's lax infosec culture and sub-par cloud security precautions.…
Still "no evidence" of any compromised customer-facing systems, we're told Microsoft has now confirmed that the Russian cyberspies who broke into its executives' email accounts stole source code and gained access to internal systems. The Redmond giant has characterized the intrusion as "ongoing."…
Step one, actually turn on MFA Microsoft, a week after disclosing that Kremlin-backed spies broke into its network and stole internal emails and files from its executives and staff, has now confirmed the compromised corporate account used in the genesis of the heist didn't even have multi-factor authentication (MFA) enabled. …
Cozy Bear may have had access to the green rectangular email and SharePoint cloud for six months HPE has become the latest tech giant to admit it has been compromised by Russian operatives.…
Business email compromise, illicit cryptomining, phishing ... if it makes a dollar, this lot do it Multiple miscreants are misusing OAuth to automate financially motivated cyber crimes – such as business email compromise (BEC), phishing, large-scale spamming campaigns – and deploying virtual machines to illicitly mine for cryptocurrencies, according to Microsoft.…
Internet plod highlight tactics used by cruel Karakurt crime gang Karakurt, a particularly nasty extortion gang that uses "extensive harassment" to pressure victims into handing over millions of dollars in ransom payments after compromising their IT infrastructure, pose a "significant challenge" for network defenders, we're told.…
Defence against the dark arts of phishing Webinar Almost half of all losses to cybercrime come from Business Email Compromise (BEC), according to the FBI. It appears that even the most astute among us can fall foul of a cunningly crafted phishing email masquerading as a missive from a trusted source.…
How to protect organizations from Business Email Compromise Webinar It is a stratospheric number of emails pinging around the globe and the sheer volume offers a seductively lucrative phishing opportunity to the legion of bad actors out there.…
Backdoors detailed, plus CISA releases more IOCs for IT depts to check Nearly a third of organizations compromised by Chinese cyberspies via a critical bug in some Barracuda Email Security Gateways were government units, according to Mandiant.…