The FBI has released a Public Service Announcement warning of the use of Business Email Compromise (BEC) tactics by criminal actors to acquire physical goods from the victim. Instead of impersonating requests for the transfer of money, these attacks spoof purchase orders requesting the distribution of goods to a false company. The goods that the report highlights include construction materials, agricultural supplies, computer technology hardware, and solar energy products. Additionally, some criminals abuse credit repayment to conduct this attack multiple times against a single business. The announcement discusses the methodology of this attack and provides tips for mitigation. Read more at the FBI.
Thank you to everyone who helped make H2OSecCon Spring 2024 happen! As noted during the event, WaterISAC intends to conduct another H2OSecCon this year, so stay tuned for updates!