Security News > 2017 > November > Cybercriminals Infiltrating E-Mail Networks to Divert Large Customer Payments
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2017-11-07 12:37
There's a new criminal tactic involving hacking an e-mail account of a company that handles high-value transactions and diverting payments. Here it is in real estate: The scam generally works like this: Hackers find an opening into a title company's or realty agent's email account, track upcoming home purchases scheduled for settlements -- the pricier the better -- then assume...
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https://www.schneier.com/blog/archives/2017/11/cybercriminals_.html