You have probably heard about Business Email Compromise (BEC) attacks where scammers pose as company executives and ask the accounting department to wire money to them. The FBI says this is highly effective and big business. To the tune of $5 billion in losses since 2013. In fact the SEC discovered that 9 publicly traded […]
Continue reading → [DISPLAY_ACURAX_ICONS]Details Emerge on TicketFly Hack More details are coming out about the TicketFly attack. First thing is that the web site was based on WordPress. While WordPress is a very popular site for individuals and small businesses; using it for something as complex as a concert ticketing site is likely a mistake. Hackers were able […]
Continue reading → [DISPLAY_ACURAX_ICONS]Business email compromise (BEC) attacks are relentlessly attacking businesses with no let-up in sight. BEC attacks have traditionally used CEOs and CFOs as their foils, pretending to be them and getting people to wire money to the hackers. The oil and gas industry was targeted by a single individual using old generic malware readily […]
Continue reading → [DISPLAY_ACURAX_ICONS]Leoni makes cables and wiring harnesses for cars, trucks, healthcare systems, appliances and many other products. They operate worldwide, are publicly traded, have 75,000 employees and in 2015 had sales of over 4 billion euros. You would think that a company like this would not fall for a business email compromise scam. But they […]
Continue reading → [DISPLAY_ACURAX_ICONS]While this column is directed at lawyers, it applies equally well to anyone sending or receiving confidential communications via email and expecting those communications to actually be confidential. We think of business email compromise as one of those spear phishing emails that pretend to come from the boss telling you to wire money to China […]
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