BEC Wire Transfers Average $80K Per Attack

That number represents a big uptick over Q1.

Threatpost - English - Global - threatpost.com
A ‘New Age’ of Sophisticated Business Email Compromise is Coming - A new BEC threat group is heralding more sophisticated email scams that target organizations witho... more: https://threatpost.com/a-new-age-of-sophisticated-business-email-compromise-is-coming/157332/ #businessemailcompromise #securitythreat #cosmiclynx #podcasts #podcast #threat #dmarc #email #bec
A ‘New Age’ of Sophisticated Business Email Compromise is Coming

A new BEC threat group is heralding more sophisticated email scams that target organizations without DMARC and squeeze as much money out of victims as possible.

Threatpost - English - Global - threatpost.com
Cosmic Lynx: The highly-professional cybercrime gang scamming businesses out of millions of dollars - Things just got serious.
Business Email Compromise is no longer solely the province of chancers. O... more: https://www.tripwire.com/state-of-security/featured/cosmic-lynx/#new_tab #businessemailcompromise #cosmiclynx #guestblog
Cosmic Lynx: A highly-professional cybercrime gang

Organised criminal gangs with a high level of professionalism have seen the opportunity of Business Email Compromise and seized it.

The State of Security
First-Ever Russian BEC Gang, Cosmic Lynx, Uncovered - Researchers warn that Cosmic Lynx targets firms that don't use DMARC and uses a "mergers and acqui... more: https://threatpost.com/russian-bec-gang-cosmic-lynx-uncovered/157166/ #mergersandacquisitionsscam #businessemailcompromise #russianbecgroup #websecurity #cyberattack #emailattack #cosmiclynx #dmarc #fraud #bec
First-Ever Russian BEC Gang, Cosmic Lynx, Uncovered

Researchers warn that Cosmic Lynx targets firms that don't use DMARC and uses a "mergers and acquisitions" pretext that can lead to large sums of money being stolen.

Threatpost - English - Global - threatpost.com