Business email compromise (BEC) campaigns targeting direct-deposit payroll information. Vade Secure has seen this type of spear phishing attack across multiple customers in recent months. BEC-type attacks are popular because the cost is cheap and when successful, the results are rapid. The widespread nature of the problem is amplified in a new report by Agari Data on London Blue, a multinational gang conducting BEC campaigns first revealed in December. “At its core, it’s a fraud issue,” says Phil Reitinger, president and CEO of Global Cyber Alliance.”]
Source: https://www.darkreading.com/attacks-breaches/new-improved-bec-campaigns-target-hr-and-finance