NioCorp Developments has informed the SEC that it lost $0.5 million after its systems were compromised.
The post Mining Company NioCorp Loses $500,000 in BEC Hack appeared first on SecurityWeek.
Two Nigerians Sentenced to Prison in US for BEC Fraud
Franklin Ifeanyichukwu Okwonna and Ebuka Raphael Umeti were sentenced to prison in the US for business email compromise (BEC) fraud.
The post Two Nigerians Sentenced to Prison in US for BEC Fraud appeared first on SecurityWeek.
Nigerian Faces Prison in US After BEC Fraud Conviction
Nigerian national Ebuka Raphael Umeti was convicted in the US for operating a business email compromise (BEC) scheme.
The post Nigerian Faces Prison in US After BEC Fraud Conviction appeared first on SecurityWeek.
US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam
The US government is trying to recover more than $5.3 million stolen by cybercriminals through a BEC scheme from a workers union.
The post US Authorities Attempting to Recover $5.3 Million Stolen in BEC Scam appeared first on SecurityWeek.
Nigerian BEC Scammer Pleads Guilty in US Court
Henry Echefu admitted in a US courtroom to participating in a $200,000 business email compromise fraud scheme.
The post Nigerian BEC Scammer Pleads Guilty in US Court appeared first on SecurityWeek.
Cybercriminals Spoof US Government Organizations in BEC, Phishing Attacks
Threat actor tracked as TA4903 spoofing US government entities in phishing and fraud campaigns.
The post Cybercriminals Spoof US Government Organizations in BEC, Phishing Attacks appeared first on SecurityWeek.
Discount Retail Giant Pepco Loses €15 Million to Cybercriminals
European discount retailer Pepco has lost €15.5 million as a result of what it described as a phishing attack.
The post Discount Retail Giant Pepco Loses €15 Million to Cybercriminals appeared first on SecurityWeek.
Nigerian Arrested, Charged in $7.5 Million BEC Scheme Targeting US Charities
A Nigerian national arrested in Ghana faces charges in the US for a BEC scheme involving two charitable organizations.
The post Nigerian Arrested, Charged in $7.5 Million BEC Scheme Targeting US Charities appeared first on SecurityWeek.
Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role
Kosi Goodness Simon-Ebo, a Nigerian national, pleaded guilty in a US court to his involvement in a million-dollar BEC fraud scheme.
The post Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role appeared first on SecurityWeek.
Microsoft: BEC Scammers Use Residential IPs to Evade Detection
BEC scammers use residential IP addresses in attacks to make them seem locally generated and evade detection.
The post Microsoft: BEC Scammers Use Residential IPs to Evade Detection appeared first on SecurityWeek.