Browsing tag

BEC

Europol nabs 106 criminals involved in SIM swapping, money laundering

According to Europol, most of the suspected members are Italian nationals, some of whom have links to mafia organizations. The Europol, European Union’s law enforcement agency, announced on Monday that they arrested 106 individuals and seized their assets over their involvement in high-profile cyber and physical crimes. The arrests were made in Italy and Spain. […]

BEC attack: Nikkei employee transfers $29 million to scammers

The company has filed a damage report with investigative authorities in the US and Hong Kong. The leading financial media organization in Japan and owner of the Financial Times Nikkei has admitted that it suffered an embarrassing Business Email Compromise (BEC) or commonly known as BEC attack. What is Business Email Compromise (BEC)? BEC is […]

Wicked scammers steal $1 million from Save the Children charity

Another day, another email scam – This time, wicked scammers have stolen over $1,000,000 from Save the Children, an international non-governmental organization based in London, United Kingdom. This happened after scammers compromised email address of one of the Save the Children employees and generated fake invoices and other documents to trick the charity organization into sending 1 million […]