All news with #business email compromise tag

VoidProxy PhaaS Uses AitM to Steal Microsoft, Google Logins

🔐 Okta has uncovered VoidProxy, a phishing-as-a-service operation that uses Adversary-in-the-Middle techniques to harvest Microsoft and Google credentials, MFA codes, and session tokens. The platform leverages compromised ESP accounts, URL shorteners, multiple redirects, Cloudflare Captcha and Cloudflare Workers to evade detection and hide infrastructure. Victims who enter credentials are proxied through an AitM server that captures session cookies and MFA responses, enabling account takeover. Okta recommends passkeys, security keys, device management, and session binding to mitigate the threat.

Cloud CISO Perspectives: Fighting Cyber-Enabled Fraud

🔒 David Stone and Marina Kaganovich from Google Cloud’s Office of the CISO warn that cyber-enabled fraud (CEF) is scaling rapidly and presents severe financial and reputational risk. The post cites FBI data — $13.7 billion in losses in 2024 — and highlights common tactics such as phishing, ransomware, account takeover, and business email compromise. It urges CISOs and boards to shift from siloed defenses to a proactive, enterprise-wide posture using frameworks like FS-ISAC’s Cyber Fraud Prevention Framework and Google Cloud detection and protection capabilities.

MixShell Malware Targets U.S. Supply Chain via Contact Forms

⚠️ Cybersecurity researchers warn of a targeted social‑engineering campaign delivering an in‑memory implant called MixShell to supply‑chain manufacturers through corporate 'Contact Us' forms. The activity, tracked as ZipLine by Check Point, uses weeks of credible exchanges, fake NDAs and weaponized ZIPs containing LNK files that trigger PowerShell loaders. MixShell runs primarily in memory, uses DNS tunneling for C2 with HTTP fallback, and enables remote commands, file access, reverse proxying, persistence and lateral movement. Malicious archives are staged on abused Heroku subdomains, illustrating use of legitimate PaaS for tailored delivery.

Fortinet Supports INTERPOL in Operation Serengeti 2.0

🛡️Fortinet supported INTERPOL’s Operation Serengeti 2.0 by providing preemptive threat intelligence—IOCs, command-and-control data, and forensic insights—that helped plan and execute cross-border takedowns. Conducted June–August 2025 with 18 African nations and nine private partners, the operation led to 1,209 arrests, dismantling of 11,432 malicious infrastructures, and recovery of $97.4 million. Fortinet also contributed investigator training and capacity building to sustain disruption efforts.

INTERPOL Arrests 1,209 Cybercriminals in Africa Sweep

🔎 INTERPOL coordinated a multi-country crackdown that led to the arrest of 1,209 suspected cybercriminals across 18 African nations, targeting schemes that affected roughly 88,000 victims. The operation, the second phase of Operation Serengeti carried out between June and August 2025, recovered about $97.4 million and dismantled 11,432 malicious infrastructures. Private-sector partners including Group-IB and TRM Labs contributed intelligence on cryptocurrency fraud and ransomware links.

Dow's 125-Year Legacy: Innovating with AI for Security

🛡️ Dow is integrating AI into enterprise security through a strategic partnership with Microsoft, deploying Security Copilot and Microsoft 365 Copilot within its Cyber Security Operations Center. A cross-functional responsible AI team established principles and acceptable-use policies while assessing new AI risks. AI-driven tools are used to detect phishing and BEC, automate repetitive tasks, enrich tickets with contextual intelligence, and accelerate incident response. Apprentices leverage Copilot as a virtual mentor, shortening ramp time and enabling senior analysts to focus on proactive defense.

Phishers Target Aviation Executives, Steal Customer Funds

📧 A targeted phishing campaign compromised an aviation executive’s Microsoft 365 credentials, allowing attackers to mine past invoice conversations and send convincing fake invoice requests to customers. Within hours the fraudsters registered a near‑identical domain and at least one customer paid a six‑figure phony invoice. Investigation links the registration details to a long‑running Nigerian BEC ring identified as SilverTerrier; firms are urged to combine employee training, domain monitoring and rapid use of the Financial Fraud Kill Chain to improve recovery chances.

Watering-Hole Campaign Deploys ScanBox Keylogger Nearby

🕵️ A China-linked actor, assessed as APT TA423 (Red Ladon), used targeted phishing and watering-hole pages to serve the ScanBox JavaScript reconnaissance framework to Australian domestic organizations and offshore energy firms between April and mid‑June 2022. The injected script acts as a browser-based keylogger and conducts extensive fingerprinting, enumerating OS, plugins, extensions, WebRTC and Flash. ScanBox further leverages STUN and ICE via WebRTC to establish peer connections and reach hosts behind NAT, enabling covert collection of typed data without writing malware to disk. Proofpoint and PwC researchers link the campaign to TA423 and note its likely intelligence focus on regional maritime and naval activity.

Fake Reservation Links Target Travel and Hospitality Industry

✈️ A longtime threat group tracked as TA558 has resumed phishing campaigns that spoof hotel or reservation notices to lure travelers into downloading malware. Campaigns increasingly deliver ISO and RAR container files via URLs that, when decompressed, execute batch scripts and PowerShell helpers to fetch RATs such as AsyncRAT. TA558 has shifted from macro-laden Office documents to containerized attachments after Microsoft limited macros. Travel organizations and customers should be wary of unexpected reservation emails and avoid opening unknown archives.