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Cyber Security

Investors are the next target of large-scale cyberattacks

Business email compromise (BEC) scammers are utilizing a new type of attack targeting investors that could leverage payouts seven times greater than average. The average targeted payout in a wire transfer BEC scam is $72,000. BEC scammers have started to target investors with fake ‘capital call’ notices that carry a much larger payout than the usual wire transfer scam. Attackers impersonate a vendor and ask the victim to send payments to a bank account under their control. The attacks are initiated by threat actors emailing known investors’ accounts.

Source: https://www.bleepingcomputer.com/news/security/investors-are-the-next-target-of-large-scale-cyberattacks/

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