Malicious accounts conducting over 100,000 Business Email Compromise attacks in 2020: Barracuda
Malicious accounts conducting over 100,000 Business Email Compromise attacks in 2020: Barracuda Murali Urs, Country Manager – India, Barracuda Networks Barracuda Networks, a trusted partner and a provider of cloud-enabled security solutions, highlights the use of malicious accounts in business email compromise. Barracuda researchers have identified that 6,170 malicious accounts that use Gmail, AOL, and other email services have been responsible for over 100,000 Business Email Compromise (BEC) attacks in 2020 on nearly 6,600 organisations. Malicious hackers register email accounts with legitimate services to use them to conduct impersonation and business email compromise attacks. They carefully craft these messages and sometimes use the email accounts for only a short span to avoid detection or being suspended by email services providers. However, some hackers may temporarily abandon an account after initial attacks and then re-use them after a long gap.
