Mar 17 / Admin

New Scam Alert: SVB Related Cyber Fraud Striking the Business Sector

Dark Reading reported:   

Over the weekend, cybercriminals laid the groundwork for Silicon Valley Bank-related fraud attacks that they're now starting to cash in on. Businesses are the targets and, sometimes, the enablers.

Ironscales CEO Eyal Benishti says. "They're incorporating SVB-relevant content into their existing, proven tactics that create a sense of urgency when their victims are distracted and less alert."

Oren Koren, CPO and co-founder of Veriti, saw the data start to flow in right away. "Hackers started on March 10 and 11, buying domains that are very close to domains related to SVB," he says. The domains reference payments, or a bailout, or try to mimic legitimate SVB domains — such as, Benshiti says, "svblogin[.]com" and "login-svb[.]com". Sometimes, hackers take a less tactful approach — something like "wefinancesvbclients[.]com.

Find the original article and read more here.

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