A newly uncovered Russia-based business email compromise gang has been targeting hundreds of large, multinational corporations in over 40 countries since 2019. The group, which Agari calls Cosmic Lynx, uses a combination of social engineering techniques and well-crafted email messages designed to target the upper echelon of executives. The researchers believe the group has conducted about 200 of these types of schemes, with some still continuing in June. The total losses due to these BEC schemes may exceed $400 million, the report says.”]
Source: https://www.cuinfosecurity.com/russian-bec-gang-targets-hundreds-multinational-companies-a-14575