Palo Alto Networks Unit 42 researchers have actively monitored the evolution of SilverTerrier Nigerian Business Email Compromise (BEC) threat actors.
The threat actors have been attributed to more than 51,000 malware samples and 1.1 million cyber attacks over the last four years as they are gaining experience quickly as they adopt new technologies, techniques, and malware to advance their schemes, according to a May 9 blog post.
Researchers said that while BEC scams are a global threat, the focus on Nigerian actors provides insight into one of the world’s largest subcultures given the country’s historic ranking as a top five hotspot for cybercrime.
Please register to continue.
Already registered? Log in.
Once you register, you'll receive:
The context and insight you need to stay abreast of the most important developments in cybersecurity. CISO and practitioner perspectives; strategy and tactics; solutions and innovation; policy and regulation.
Unlimited access to nearly 20 years of SC Media industry analysis and news-you-can-use.
SC Media’s essential morning briefing for cybersecurity professionals.
One-click access to our extensive program of virtual events, with convenient calendar reminders and ability to earn CISSP credits.