. home.aspx

NEWS

home.aspx
   


BEC Gift Card Scams Go Mobile

March 20, 2019 / Phil Muncaster

Cyber-criminals are evolving their tactics with Business Email Compromise (BEC) attacks by transferring victims from email over to mobile communications channels early on in a scam, according to Agari. Researcher James Linton described how such an attack typically takes place, with the initial spoofed CEO email containing a request for the recipient’s mobile phone number. “By moving them over to their cell phone, the scammer is equipping their victim with all the functionality needed to complete the task that is to be given to them,” he explained. “A mobile device offers instant and direct messaging, the ability (in most cases) to still access email, the ability to take pictures with the phone’s camera, and far greater portability than a laptop, which all increases the chances that the scammer will be successful in achieving their desired outcome once a victim is on the hook.” If the victim hands over their number, the BEC scammer knows they have a g...