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BEC Scam Targets Executives’ Office 365 Accounts

Trend Micro: ‘Water Nue’ Payment Fraud Campaign Has Targeted 1,000 Companies Since March. Group behind the campaign is not technically sophisticated, but the fraudsters appear extremely proficient, researchers say. The goal of this scam is to capture the Office 365 credentials of executives, especially those working in finance. Payments made for the fake invoices are transferred to fraudsters’ accounts, Trend Micro says. The fraudsters do not use any other malware, such as backdoors or Trojans.”]

Source: https://www.cuinfosecurity.com/bec-scam-targets-executives-office-365-accounts-a-14799

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