business email compromise

bitdefender.com

Who is reading your CEO’s email? And how to stop it

With Business Email Compromise such a significant and growing threat, it makes sense to keep a close eye on who is forwarding email out of your business, and where it is going to…

Read more in my article on the Bitdefender Business Insights blog.


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tripwire.com

Toyota parts supplier loses $37 million in email scam

Toyota Boshoku, a seating and interiors supplier for Toyota cars, has revealed that it was tricked into moving a large amount of money into a bank account controlled by scammers.

Read more in my article on the Tripwire State of Security blog.


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Operation reWired: 281 suspected email scammers arrested around the world

Law enforcement agencies around the world have arrested a total of 281 people suspected of being behind a spate of Business Email Compromise (BEC) scams that have stolen millions of dollars from businesses and individuals.


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bitdefender.com

The top reason businesses make a cyber insurance claim – Business Email Compromise

AIG, one of the largest insurance companies in the world, has issued a report which reveals that there is a new leader in the list of top threats causing losses for businesses.

Read more in my article on the Bitdefender Business Insights blog.


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bitdefender.com

Fraudsters are trying to steal $8.7 million every single day through Business Email Compromise

Fraudsters are attempting to steal much more money through Business Email Compromise than previously believed.

Read more in my article on the Bitdefender Business Insights blog.


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bitdefender.com

$1.7 million still missing after North Carolina county hit by business email compromise scam

Money intended for the construction of a brand new high school was instead placed in a bank account controlled by scammers by officials of a North Carolina county.

Read more in my article on the Hot for Security blog.


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Smashing Security #126: Zombie chickens and fast-food victims

What’s the worst that can happen if you join a Hollywood hard man’s Facebook page? What drove a man to hijack a website’s name at gunpoint? And can you solve the mystery of the Canadian Hamburglar?

Find out in the award-winning “Smashing Security” podcast with Graham Cluley, Carole Theriault, and special guest Mark Stockley from Naked Security.


2 min read

Nine men arrested in United States for stealing millions through business email compromise and romance scams

Nine men have been arrested in the United States in connection with a string of scams that allegedly netted them a cool US $3.5 million.


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Hackers steal $1.75 million from Catholic church in Ohio

Fraudsters hacked into email system, and tricked church staff into believing that a construction company’s bank account details had changed.


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tripwire.com

Google and Facebook scammed out of $123 million by man posing as hardware vendor

Even the most tech savvy companies in the world can fall for business email compromise.

A Lithuanian man has this week pleaded guilty to tricking Google and Facebook into transferring over $100 million into a bank account under his control after posing as a company that provided the internet giants with hardware for their data centers.

Read more in my article on the Tripwire State of Security blog.


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bitdefender.com

Business payroll compromise – a new way for criminals to steal from your company

Firms are being warned about a threat which evolves traditional business email compromise scams into a whole new way of extracting money from unwary companies.

Read more in my article on the Bitdefender Business Insights blog.


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Smashing Security #112: Payroll scams, gold coin heists, web giants spanked

Business email compromise evolves to target your company’s payroll, how the world’s largest gold coin was stolen from a Berlin museum, and are internet giants feeling the heat yet over data security?

All this and much more is discussed in the latest edition of the award-winning “Smashing Security” podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by people hacker Jenny Radcliffe.


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Smashing Security #106: Google Maps, Fed phishing, and Grinch bots

How are scammers stealing your money through Google Maps? Why did the FBI create a fake FedEx website? And how are US senators hoping to stop Grinch bots ruining Christmas?

All this and much more is discussed in the latest edition of the award-winning “Smashing Security” podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by Maria Varmazis.

And don’t miss our special bonus interview about passwords with Rachael Stockton of LastPass.


1 min read

bitdefender.com

School district fails to reclaim $120,000 wired by bank to scammer

A school district in Indiana which had $120,000 transferred from its bank account after its email account was hacked, has failed in an attempt to reclaim the cash.

Read more in my article on the Hot for Security blog.


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When the FBI rather than the fraudsters make a fake FedEx website

Fraudsters beware! The Feds are prepared to use your own tricks against you.


2 min read

Smashing Security #104: The world’s most evil phishing test, and cyborgs in the workplace

Does your employer want to turn you into a cyborg? Was this phishing test devised by an evil genius? And how did a cinema chain get scammed out of millions, time and time again…?

All this and much more is discussed in the latest edition of the award-winning “Smashing Security” podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by Scott Helme.


1 min read