Unraveling a Complex B2B Email Compromise: Insights from Trend Micro

Trend Micro's Managed XDR team recently investigated a sophisticated Business Email Compromise (BEC) attack that entangled three business partners over several days. The attackers exploited a compromised email server to send fraudulent communications, creating a complex web of deception.

The investigation revealed an intricately crafted scheme where the threat actor manipulated multiple entities within the business network. By gaining control of an email server, the attacker sent convincing fraudulent emails, leading to unauthorized transactions and potential data exposure.

Trend Micro's analysis provided a detailed timeline of the incident, highlighting the attacker's methods and the sequence of events. This case underscores the evolving nature of BEC attacks and the importance of advanced detection and response strategies.

To mitigate such threats, Trend Micro recommends implementing robust email security measures, conducting regular security awareness training, and utilizing advanced threat detection systems. Proactive monitoring and swift response are crucial in preventing and addressing complex BEC scenarios. ​

Author: John Smith

Original Source: trendmicro.com

Read Full Article: Click Here