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
Threaded  |  Newest First  |  Oldest First
News
Inside the Ransomware Campaigns Targeting Exchange Servers
Kelly Sheridan, Staff Editor, Dark Reading,  4/2/2021
Commentary
Beyond MITRE ATT&CK: The Case for a New Cyber Kill Chain
Rik Turner, Principal Analyst, Infrastructure Solutions, Omdia,  3/30/2021
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-2020-7270
PUBLISHED: 2021-04-15
Exposure of Sensitive Information in the web interface in McAfee Advanced Threat Defense (ATD) prior to 4.12.2 allows remote authenticated users to view sensitive unencrypted information via a carefully crafted HTTP request parameter. The risk is partially mitigated if your ATD instances are deploye...
CVE-2020-7308
PUBLISHED: 2021-04-15
Cleartext Transmission of Sensitive Information between McAfee Endpoint Security (ENS) for Windows prior to 10.7.0 February 2021 Update and McAfee Global Threat Intelligence (GTI) servers using DNS allows a remote attacker to view the requests from ENS and responses from GTI over DNS. By gaining con...
CVE-2021-23884
PUBLISHED: 2021-04-15
Cleartext Transmission of Sensitive Information vulnerability in the ePO Extension of McAfee Content Security Reporter (CSR) prior to 2.8.0 allows an ePO administrator to view the unencrypted password of the McAfee Web Gateway (MWG) or the password of the McAfee Web Gateway Cloud Server (MWGCS) read...
CVE-2021-23886
PUBLISHED: 2021-04-15
Denial of Service vulnerability in McAfee Data Loss Prevention (DLP) Endpoint for Windows prior to 11.6.100 allows a local, low privileged, attacker to cause a BSoD through suspending a process, modifying the processes memory and restarting it. This is triggered by the hdlphook driver reading invali...
CVE-2021-23887
PUBLISHED: 2021-04-15
Privilege Escalation vulnerability in McAfee Data Loss Prevention (DLP) Endpoint for Windows prior to 11.6.100 allows a local, low privileged, attacker to write to arbitrary controlled kernel addresses. This is achieved by launching applications, suspending them, modifying the memory and restarting ...