This phishing scam group built a list of 50,000 execs to target

A group of online scammers has generated a list of 50,000 of executives including CFOs and other finance chiefs to use as targets for their schemes. The list was discovered by security company Agari after the scammers unwisely targeted the company with one of its scams, prompting the company to investigate further.

The group – which Agari is calling London Blue – seems to specialise in business email compromise (BEC) scams. While there are many variations, the basic aim is to trick someone within an organisation – usually working in finance – to send funds to a bank account controlled by the crooks, thinking that the transfer is a request from someone senior inside their own organisation.

Read more about the London Blue BEC group on ZDNet.