Evolution of Criminal Scams (Especially BEC)
Criminal scams continue to evolve as cybercriminals find new sophisticated ways to target their victims. One such evolving scam is the Business Email Compromise (BEC) scam, which the FBI recently warned of. In this scam, attackers use social engineering to trick their targets into transferring money or confidential information such as login credentials.
Another evolving scam is the IcedID malware, which has moved beyond its banking malware roots. According to a report by Proofpoint, IcedID is now being used for more nefarious activities such as stealing sensitive information.
The Emotet phishing campaign is also evolving, using fake IRS W9s to trick their victims. Meanwhile, phishing campaigns in China's nuclear energy sector have been reported by Intezer.
In the UK, law enforcement has set up fake DDoS-for-hire sites as honeypots to trap hackers. However, cyberattacks continue to be a global problem, with countries such as Albania becoming targets.
In other news, reports of data leaks from OpenAI and ChatGPT have surfaced, while allegations of Iran receiving Russian support in cyberattacks against Albania have also come to light.
As criminal scams continue to evolve, it is important for individuals and organizations to stay vigilant and take proactive measures to protect their sensitive information and assets.