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
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Edge-DRsplash-10-edge-articles
7 Old IT Things Every New InfoSec Pro Should Know
Joan Goodchild, Staff Editor,  4/20/2021
News
Cloud-Native Businesses Struggle With Security
Robert Lemos, Contributing Writer,  5/6/2021
Commentary
Defending Against Web Scraping Attacks
Rob Simon, Principal Security Consultant at TrustedSec,  5/7/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-10062
PUBLISHED: 2021-05-13
The HTMLSanitizer class in html-sanitizer.ts in all released versions of the Aurelia framework 1.x repository is vulnerable to XSS. The sanitizer only attempts to filter SCRIPT elements, which makes it feasible for remote attackers to conduct XSS attacks via (for example) JavaScript code in an attri...
CVE-2020-23995
PUBLISHED: 2021-05-13
An information disclosure vulnerability in ILIAS before 5.3.19, 5.4.12 and 6.0 allows remote authenticated attackers to get the upload data path via a workspace upload.
CVE-2020-23996
PUBLISHED: 2021-05-13
A local file inclusion vulnerability in ILIAS before 5.3.19, 5.4.10 and 6.0 allows remote authenticated attackers to execute arbitrary code via the import of personal data.
CVE-2021-29510
PUBLISHED: 2021-05-13
Pydantic is a data validation and settings management using Python type hinting. In affected versions passing either `'infinity'`, `'inf'` or `float('inf')` (or their negatives) to `datetime` or `date` fields causes validation to run forever with 100% CPU usage (on one CPU). Pydantic has been patche...
CVE-2021-23906
PUBLISHED: 2021-05-13
An issue was discovered in the Headunit NTG6 in the MBUX Infotainment System on Mercedes-Benz vehicles through 2021. A Message Length is not checked in the HiQnet Protocol, leading to remote code execution.