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Cyber Security

BEC Scam Gang London Blue Evolves Tactics, Targets

Business email compromise group London Blue has been spotted in a recent campaign that demonstrates the group s evolved tactics and improved targeting via an updated database. London Blue, a Nigerian group with collaborators in the U.S., U.K. and elsewhere, has been active since at least 2011. The group also touts a master targeting database containing the contact information of more than 50,000 financial executives, collected over a five-month span in early 2018. Researchers predict that previous scams have caused damage worth hundreds of thousands of dollars.

Source: https://threatpost.com/bec-scam-gang-london-blue-evolves-tactics-targets/143440/

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