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Microsoft 365 accounts are being targeted by new email scams | #phishing | #scams | #hacking | #aihp


Cybersecurity experts are warning of a new, widespread business email compromise (BEC) campaign, which seeks to reroute large money transactions to bank accounts belonging to the attackers. 

The idea is simple in theory: the attackers would first compromise a business email (opens in new tab) account through the use of phishing. Then, they’ll land into the inbox and lurk there, monitoring various email chains and threads, until they identify one where a wire transfer is being planned. Then, when the planning is done, and just before the victim sends the funds, the attacker will reply to the email chain asking for the funds to be sent elsewhere, saying the original bank account was frozen due to a financial audit.

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