AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
Hackers Utilizing Russian Domains for Rising Number of Complex Phishing Attacks
REDMOND, WA - Cybersecurity experts have noted a large increase in the number of phishing attacks recently as hackers have been altering their attack avenues in order to work their way around increasingly complex email security systems designed to circumvent their efforts. Both the volume and complexity of malicious emails have been on the rise and are proving to be increasingly able to bypass Secure Email Gateways (SEGs) such as Microsoft and Proofpoint, according … [Read more...]
Multiple Domains Used by Vietnamese Cybercrime Group Seized by Microsoft
REDMOND, WA - Multiple domains utilized by a Vietnamese cybercrime group known as “Storm-1152” to sell fraudulent Outlook email accounts have been seized by Microsoft’s Digital Crimes Unit. The domains have been used to cause millions of dollars in damage. Storm-1152 had reportedly used these domains to register over 750 million fake Outlook accounts that they then would sell online to cybercriminals. In addition, the outlaw group also provided numerous other illegal … [Read more...]
“Prolific Puma” Created 75k Unique Domain Names Since April 2022 Used for Scams
SANTA CLARA, CA - Researchers from security vendor Infoblox have uncovered an actor known as “Prolific Puma” that has been revealed as having provided link shortening services for countless cyber criminals for a span of time of at least four years or longer, an act that has likely been responsible for an immense number of scams targeting innocent people. As an example of how Prolific Puma lives up to the "prolific” part of their name, the actor reportedly … [Read more...]