The tactics of a Nigerian cybercrime team have been disclosed, which include their complicated phishing methods and intensive fraud scheme.
The results, revealed by ESET in a blog post introduced earlier nowadays, pertain to the actions of two people today at the middle of a legal business that resulted in losses of up to $1 million: Solomon Ekunke Okpe and Johnson Uke Obogo.
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Okpe and Obogo have now been sentenced to four several years and a person yr driving bars, respectively.
Browse extra on Okpe’s sentence: Four Many years Powering Bars for Prolific BEC Scammer
According to ESET, right before their incarceration, the cyber-criminals used many fraudulent techniques, which include small business email compromise (BEC), function-from-house fraud, look at fraud and credit rating card cons.
The scammers utilised phishing attacks as their principal weapon to gain accessibility to corporate email accounts and trick persons and firms into sending income to them with out authorization. They also relied on weak passwords to obtain the accounts of their targets.
“The takeaway? Usually use very long, elaborate, and exceptional passwords or passphrases to steer clear of acquiring your entry qualifications quickly guessed or brute-compelled,” reads the ESET report.
Just after getting obtain to victims’ accounts, Okpe and his workforce qualified staff of businesses involved with the victims by thoroughly investigating publicly accessible information and facts. The cyber-criminals then composed individualized e-mails that were hard to understand as fraudulent.
ESET also highlighted how the scammers employed do the job-from-residence cons, masquerading as genuine businesses and preying on career seekers. They also prayed on victims making use of romance scam ways.
“After attaining victims‘ trust, Okpe and many others utilized them as income mules to transfer dollars overseas and acquire money from fraudulent wire transfers,” ESET wrote.
“Many romance scammers borrow from the identical playbook, which can make it simpler to identify and remain safe from their tricks.”
A checklist of recommendations aimed at safeguarding individuals from frauds like this is offered in the ESET website post.
Some components of this write-up are sourced from:
www.infosecurity-journal.com