Tag Archives: BEC

As If Bank Failures Aren’t Enough – Hackers Are Exploiting the Chaos to Breach Security

The Massachusetts State Police Commonwealth Fusion Center (CFC) believes that cyber actors may use the current bank failures for future phishing and business email compromise (BEC) attacks. Cyber actors often use current events to mask their phishing campaigns to seem more believable and relevant.  As everyone now knows, Silicon Valley Bank (SVB) became one of the largest banks to fail since the 2008 financial crisis. More recently, First Republic Bank also failed. … More