Ransomware Data Theft Epidemic Fuelling BEC Attacks

A surge in corporate data stolen by ransomware gangs is inundating the cybercrime underground with exactly the sort of information fraudsters need to launch convincing business email compromise (BEC) attacks, according to Accenture. Between July 2021 and July 2022, Accenture’s Cyber Threat Intelligence team (ACTI) claimed in a new report to have observed over 4000 corporate and government victims with data posted to leak sites representing the 20 most active groups.

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