The US Department of Health & Human Services’ Health Sector Cybersecurity Coordination Center (HC3) labeled business email compromise (BEC) as an online crime causing major financial damage. BEC scams, which are hard to detect and target organizations worldwide, potentially cost billions by tricking individuals into revealing company information or sending money. The HC3 presented an overview of BEC and suggested defense mechanisms, emphasizing email protection, user awareness, account protection, and content inspection. To mitigate a BEC scam, organizations were advised to alert financial institutions and report to authorities swiftly.
North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
North Korean hackers reportedly set up shell companies in the US to penetrate the crypto sector and target developers via fake job offers, according to
