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Cyber crooks are trying to steal passwords for small-business Microsoft accounts in the U.K. by sending phony emails promising government relief funds for businesses shut down by the coronavirus. In a blog posting yesterday (June 10), researchers from Abnormal Security say the email phishing campaign is posing as correspondence from the UK Government’s Small Business Grants Fund (SGF).

UK coronavirus phishing scam uses phony emails: How to stay safe

The number of Business Email Compromise (BEC) attacks being leveled at C-Suite executives has declined as threat actors focus on a new target. According to new research published today by Abnormal Security, BEC attacks on C-Suite executives decreased by 37% in the first quarter of 2020 compared to the final quarter of 2019.

BEC Attackers Ditch C-Suite in Favor of Fresh Target

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Wells Fargo customers are being targeted by a phishing campaign impersonating the Wells Fargo Security Team and luring potential victims to phishing pages with the help of calendar invites.

Wells Fargo phishing baits customers with calendar invites

The first in a series of quarterly reports, the Q1 2020 report illustrates trends from actual BEC attacks discovered by Abnormal Security to help inform enterprise security strategy. The report also features a special section on email account compromise and security attack patterns during the COVID-19 pandemic.

Abnormal Security Issues Quarterly Business Email Compromise (BEC) Report for Q1 2020

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BEC Attacks on the C-Suite Dropped 37% in Q1

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BEC Attacks on the C-Suite Dropped 37% in Q1

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