The operations and economics of organized criminal email groups

Nine of the 10 captured organized criminal email groups operate out of Nigeria, they all leverage a multitude of attack methods, and business email compromise (BEC) is far more lucrative than any other attack, according to Agari.

“While much of the high-profile attention paid to email security has focused on nation state actors, the reality is that American businesses are far more likely to be attacked by BEC scammers operating from Africa,” said Patrick Peterson, executive chairman, Agari. “The sad irony is that these foreign adversaries are using our own legitimate infrastructure against us in attacks that are far more damaging and much harder to detect than any intrusion or malware.”

Read more about the findings of the new research by Agari on Help Net Security.