Nigerian National pleads guilty to participating in a millionaire BEC scheme

A Nigerian national pleaded guilty to wire fraud and money laundering through business email compromise (BEC).

The Nigerian national Kosi Goodness Simon-Ebo (29), who is residing in South Africa, pleaded guilty to conspiracy to commit wire fraud and conspiracy to …

WormGPT, the generative AI tool to launch sophisticated BEC attacks

The WormGPT case: How Generative artificial intelligence (AI) can improve the capabilities of cybercriminals and allows them to launch sophisticated attacks.

Researchers from SlashNext warn of the dangers related to a new generative AI cybercrime tool dubbed WormGPT. Since chatbots …

Microsoft warns of multi-stage AiTM phishing and BEC attacks

Microsoft researchers warn of banking adversary-in-the-middle (AitM) phishing and BEC attacks targeting banking and financial organizations.

Microsoft discovered multi-stage adversary-in-the-middle (AiTM) phishing and business email compromise (BEC) attacks against banking and financial services organizations.

In AiTM phishing, threat actors set …

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