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Cyber Security

BEC Scammers’ Interest in the Real Estate Sector Rises

Security researchers have analyzed 600 attacks on real estate in six months. Main threat is the business email compromise (BEC) fraud, which aims to divert funds from a transaction to a bank account controlled by the bad guys. Phishing for login credentials remains a popular trick, with attackers spoofing Office 365 and DocuSign pages to collect the sensitive info. The big money from real estate transactions has attracted a larger number of fraudsters, threatening this business with a wider set of tactics and tools. Some of them cast a wider net to catch as many victims involved in a transaction as possible.

Source: https://www.bleepingcomputer.com/news/security/bec-scammers-interest-in-the-real-estate-sector-rises/

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