Abnormal Security has identified two groups that are using executive impersonation to execute Business Email Compromise (BEC) attacks on companies worldwide.
The first group, Midnight Hedgehog, engages in payment fraud, while the second group, Mandarin Capybara, executes payroll diversion attacks. Both groups have launched BEC campaigns in at least 13 different languages, including Danish, Dutch, Estonian, French, German, Hungarian, Italian, Norwegian, Polish, Portuguese, Spanish, and Swedish, the researchers noted.
While attacking targets across various regions and using multiple languages is not new, in the past, these attacks were perpetrated mainly by sophisticated organizations with bigger budgets and more advanced resources, Crane Hassold, director of Threat Intelligence at Abnormal Security, wrote in his research.
