DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

IC3 Warns of Increase in BEC/EAC Schemes

Posted on May 4, 2017 by Dissent

The Internet Crime Complaint Center (IC3) has issued an alert describing a growing number of scams targeting businesses working with foreign suppliers or businesses that regularly perform wire transfer payments. These sophisticated scams are classified as business email compromise (BEC) or email account compromise (EAC) and use social engineering techniques to defraud businesses.

Users and administrators are encouraged to review the IC3 Alert for details and refer to US-CERT Tip ST04-014 for information on social engineering and phishing attacks.

And yes, the W-2  data theft trend is pretty much exactly what I’ve been reporting and describing site for the past year.


Related:

  • Some lower-tier ransomware gangs have formed a new RaaS alliance -- or have they?
  • Uncovering Qilin attack methods exposed through multiple cases
  • Predatory Sparrow Strikes: Coordinated Cyberattacks Seek to Cripple Iran's Critical Infrastructure
  • Ex-CISA head thinks AI might fix code so fast we won't need security teams
  • ModMed revealed they were victims of a cyberattack in July. Then some data showed up for sale.
  • Confidence in ransomware recovery is high but actual success rates remain low
Category: Commentaries and Analyses

Post navigation

← TheDarkOverlord dumps 180,000 patients’ records from 3 hacks
UK: Salaries of Plymouth University staff leaked two years after data breach →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • District of Massachusetts Allows Higher-Ed Student Data Breach Claims to Survive
  • End of the game for cybercrime infrastructure: 1025 servers taken down
  • Doctor Alliance Data Breach: 353GB of Patient Files Allegedly Compromised, Ransom Demanded
  • St. Thomas Brushed Off Red Flags Before Dark-Web Data Dump Rocks Houston
  • A Wiltshire police breach posed possible safety concerns for violent crime victims as well as prison officers
  • Amendment 13 is gamechanger on data security enforcement in Israel
  • Almost two years later, Alpha Omega Winery notifies those affected by a data breach.
  • Court of Appeal reaffirms MFSA liability in data leak case, orders regulator to shoulder costs
  • A jailed hacking kingpin reveals all about the gang that left a trail of destruction
  • Army gynecologist took secret videos of patients during intimate exams, lawsuit says

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • As shoplifting surges, British retailers roll out ‘invasive’ facial recognition tools
  • Data broker Kochava agrees to change business practices to settle lawsuit
  • Amendment 13 is gamechanger on data security enforcement in Israel
  • Changes in the Rules for Disclosure for Substance Use Disorder Treatment Records: 42 CFR Part 2: What Changed, Why It Matters, and How It Aligns with HIPAAs
  • Always watching: How ICE’s plan to monitor social media 24/7 threatens privacy and civic participation

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net
Security Issue: security[at]databreaches.net
Mastodon: Infosec.Exchange/@PogoWasRight
Signal: +1 516-776-7756
DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.