Tuesday, August 6, 2024

INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore

INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. 
The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of cybercrime where a malicious actor poses as a trusted figure and uses email to


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North Korean Hackers Target Energy and Aerospace Industries with New MISTPEN Malware

A North Korea-linked cyber-espionage group has been observed leveraging job-themed phishing lures to target prospective victims in energy an...