Security News > 2020 > October > Wisc. GOP’s $2.3M MAGA Hat Debacle Showcases Fraud Concerns

Wisc. GOP’s $2.3M MAGA Hat Debacle Showcases Fraud Concerns
2020-10-30 20:08

It's just the latest in a litany of attacks related to the upcoming election, and it showcases a big problem area when it comes to cybersecurity, researchers said.

In a typical BEC attack, criminals will do their research to make their communications seem credible, according to Agari's recent deep dive on the state of BEC attacks.

The Wisconsin GOP said that no proprietary information was compromised in the attack, and that the state party still has enough cash on hand to keep the operation going.

"Email-based attacks - and more specifically attacks perpetrating invoice fraud - are one of the more common methods used by hackers to gain access to sensitive information. As we get closer to the election, attackers will count on the fact that staffers will be busier and stretched thin, making it easier to induce a security lapse."

Hackers Put Bullseye on Healthcare: On Nov. 18 at 2 p.m. EDT find out why hospitals are getting hammered by ransomware attacks in 2020.


News URL

https://threatpost.com/wisc-gop-maga-hat-fraud/160806/