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Nigerian BEC Scammers Shifting to RATs As Tool of Choice

Nigerian BEC Scammers Shifting to RATs As Tool of Choice (Threat Actors)

Scammers running business email compromise (BEC) fraud have grown in number, attack more often, and turn to remote access trojans as the preferred malware type to accompany their raids. More BEC scammers, high-tech sector most targeted BEC is a global threat, but there is one place where making money through this type of fraud is the norm. In 2017 there were around 300 unique actors or groups engaged in BEC fraud, and the next year the number grew to over 400. Use of info stealers still strong SilverTerrier launched about 1.1 million attacks in the past four years and the number of malware samples attributed to these actors passed the 51,000 mark. "Across the ten tools, Nigerian actors produced an average of 1000 unique samples of malware per month in 2018," the researchers say in their report, highlighting that this is actually 26% less than observed in the previous year. It's all about the lucky breaks In a report this week, Verizon argues that the efforts of IC3's Recovery Asset Team make BEC scams less profitable than they used to be a couple of years back.

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