Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Operations

3/8/2016
02:45 PM
50%
50%

The New BEC Phishing Attack: Stealing Data Instead Of Cash

Duped by phishers posing as company executives, Seagate and Snapchat expose employee tax, payroll data.

Perhaps inspired by business email compromise (BEC) phishing campaigns' astonishing success at parting companies from their money, phishermen are using the same tactics to part companies from their data.

In BEC phishing campaigns, attackers posing as business executives send messages to individuals in business departments who handle large payments and convince them to wire transfer huge sums of money to an attacker-controlled account. Now, as tax season (and tax fraud season) is underway, they're asking for employee data, instead of money.

Last week, Snapchat announced that a scammer impersonating their CEO tricked their payroll department into emailing an attacker the payroll information of current and former Snapchat employees. Saturday, it was reported that Alaskan telecom GCI was tricked into handing over employee W-2 forms by a phisher posing as the company's CFO. Sunday, it was reported that a Seagate employee was also fooled into sending thousands of employee W-2's by an email sent to HR and finance personnel by a phisher posing as the company CEO. 

All companies reported the incidents to federal authorities and offered affected individuals credit monitoring. 

 

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
3/11/2016 | 2:57:25 PM
Source and Behavior
Its always important in instances like this to identify the source of the message. Make sure the source information and that individual are 1:1 in the address book. Also, behavioral analysis is key. If this request is outside the norm then it would be prudent to elevate up the chain before actually adhering to the request.
Cybersecurity Industry: It's Time to Stop the Victim Blame Game
Jessica Smith, Senior Vice President, The Crypsis Group,  2/25/2020
Google Adds More Security Features Via Chronicle Division
Robert Lemos, Contributing Writer,  2/25/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
6 Emerging Cyber Threats That Enterprises Face in 2020
This Tech Digest gives an in-depth look at six emerging cyber threats that enterprises could face in 2020. Download your copy today!
Flash Poll
How Enterprises Are Developing and Maintaining Secure Applications
How Enterprises Are Developing and Maintaining Secure Applications
The concept of application security is well known, but application security testing and remediation processes remain unbalanced. Most organizations are confident in their approach to AppSec, although others seem to have no approach at all. Read this report to find out more.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-9431
PUBLISHED: 2020-02-27
In Wireshark 3.2.0 to 3.2.1, 3.0.0 to 3.0.8, and 2.6.0 to 2.6.14, the LTE RRC dissector could leak memory. This was addressed in epan/dissectors/packet-lte-rrc.c by adjusting certain append operations.
CVE-2020-9432
PUBLISHED: 2020-02-27
openssl_x509_check_host in lua-openssl 0.7.7-1 mishandles X.509 certificate validation because it uses lua_pushboolean for certain non-boolean return values.
CVE-2020-9433
PUBLISHED: 2020-02-27
openssl_x509_check_email in lua-openssl 0.7.7-1 mishandles X.509 certificate validation because it uses lua_pushboolean for certain non-boolean return values.
CVE-2020-9434
PUBLISHED: 2020-02-27
openssl_x509_check_ip_asc in lua-openssl 0.7.7-1 mishandles X.509 certificate validation because it uses lua_pushboolean for certain non-boolean return values.
CVE-2020-6383
PUBLISHED: 2020-02-27
Type confusion in V8 in Google Chrome prior to 80.0.3987.116 allowed a remote attacker to potentially exploit heap corruption via a crafted HTML page.