The wire transfer went through. The CFO on the video call looked right, sounded right, and gave the authorization — except there was no CFO on that call. Related: The industrializing of identity fraud Corporate deepfake attacks of that kind, executives impersonated to authorize fraudulent wire transfers, accounted for roughly $550 million of the $2.19…
Tag: wire
Data Breaches, Global Security News, Russia
Phobos ransomware admin pleads guilty to wire fraud conspiracy
A Russian national pleaded guilty to a wire fraud conspiracy charge related to his role in administering the Phobos ransomware operation, which breached hundreds of victims worldwide. […]