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Home   »   office 365

Water Nue Phishing Campaign Targets C-Suite’s Office 365 Accounts

  • Posted on:August 6, 2020 at 5:02 am
  • Posted in:Cloud, Targeted Attacks
  • Author:
    Trend Micro
0

A series of ongoing business email compromise (BEC) campaigns that uses spear-phishing schemes on Office 365 accounts has been seen targeting business executives of over 1,000 companies across the world since March 2020. The recent campaigns target senior positions in the United States and Canada.

The fraudsters, whom we named “Water Nue,” primarily target accounts of financial executives to obtain credentials for further financial fraud. The phishing emails redirect users to fake Office 365 login pages. Once the credentials are obtained and accounts are successfully compromised, emails containing invoice documents with tampered banking information are sent to subordinates in an attempt to siphon money through fund transfer requests.

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Tags: business email compromisecredential phishingemail fraudoffice 365phishing

Security Predictions for 2020

  • Cybersecurity in 2020 will be viewed through many lenses — from differing attacker motivations and cybercriminal arsenal to technological developments and global threat intelligence — only so defenders can keep up with the broad range of threats.
    Read our security predictions for 2020.

Business Process Compromise

  • Attackers are starting to invest in long-term operations that target specific processes enterprises rely on. They scout for vulnerable practices, susceptible systems and operational loopholes that they can leverage or abuse. To learn more, read our Security 101: Business Process Compromise.

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