Accellion FTA attacks, extortion attempts might be the work of FIN11

Mandiant/FireEye researchers have tentatively linked the Accellion FTA zero-day attacks to FIN11, a cybercrime group leveraging CLOP ransomware to extort targeted organizations. Accellion has also confirmed on Monday that “out of approximately 300 total FTA clients, fewer than 100 were victims of the attack.” A little bit of background information Starting in December 2020, unknown […]

Continue Reading

Business email compromise is a top concern for banks

Bottomline and Strategic Treasurer released the results of a survey that gathered details about corporate and banking experiences, actions and plans regarding fraud. Results show that the pandemic accelerated both the threat of fraud and the response to it, with corporate and banking alignment on defensive automation. Banks worry about business email compromise Spending more/significantly […]

Continue Reading