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.

Vulnerabilities / Threats

8/2/2016
12:40 PM
50%
50%

BEC Scam Mastermind Arrested By Interpol

Nigerian national charged with corporate email fraud of more than $60 million.

Mike, a Nigerian national who is regarded the brain behind several Business Email Compromise (BEC), 419 and romance scams, was arrested by Interpol on charges of cheating companies out of more than $60 million, says Trend Micro, a security solution developer. The arrests were reportedly made possible with the help of Nigeria’s Economic and Financial Crime Commission (EFCC) and Trend Micro.

While examining malware used in BEC frauds, Trend Micro in 2014 found evidences in their command-and-control composition that linked them to Mike. The mastermind, whose accomplices include cybercriminals from Nigeria, Malaysia and South Africa, was arrested in June 2016.

BEC scams, says Trend Micro, which are responsible for major financial damages to corporate and businesses, have registered a loss of more than $3 billion in 2016. The fraud involves targeting unsuspecting employees through emails and duping them into transferring money.

Read details here.

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
Newest First  |  Oldest First  |  Threaded View
Microsoft Patches Wormable RCE Vulns in Remote Desktop Services
Kelly Sheridan, Staff Editor, Dark Reading,  8/13/2019
The Mainframe Is Seeing a Resurgence. Is Security Keeping Pace?
Ray Overby, Co-Founder & President at Key Resources, Inc.,  8/15/2019
GitHub Named in Capital One Breach Lawsuit
Dark Reading Staff 8/14/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-18056
PUBLISHED: 2019-08-20
An issue was discovered in the Texas Instruments (TI) TM4C microcontroller series, such as the TM4C123. The eXecute-Only-Memory (XOM) implementation prevents code read-outs on protected memory by generating bus faults. However, single-stepping and using breakpoints is allowed in XOM-protected flash ...
CVE-2017-18566
PUBLISHED: 2019-08-20
The user-role plugin before 1.5.6 for WordPress has multiple XSS issues.
CVE-2018-20978
PUBLISHED: 2019-08-20
The wp-all-import plugin before 3.4.7 for WordPress has XSS.
CVE-2017-18526
PUBLISHED: 2019-08-20
The moreads-se plugin before 1.4.7 for WordPress has XSS.
CVE-2017-18527
PUBLISHED: 2019-08-20
The pagination plugin before 1.0.7 for WordPress has multiple XSS issues.