Over the past five months, the London Blue cybercriminal group has been running business email compromise (BEC) scams against employees in Asia working for companies based mostly in the United States, Australia or Europe.
The corporate fraudsters rely on a new database of about 8,500 financial executives from close to 7,800 different companies in the world (most of them in the U.S.). This is almost six times smaller than the previous collection of targets, which contained details of over 50,000 financial execs.
A new report from email security company Agari on Thursday details the methodology adopted by London Blue scammers, such as focusing their attacks on targets in Asia and spoofing domains to make emails look less suspicious.
Source: BleepingComputer
