All the latest UK technology news, reviews and analysis


Coca Cola, Credit Suisse and Mercedez-Benz execs caught up in phishing scam

05 Apr 2013
Diet Coke bottle

Criminals have been uncovered selling stolen business contact details of executives from Forbes 100 companies via a new online black market, with concerns that the information could be used to create credible phishing attacks.

Security firm Webroot reported finding the malicious campaign, centred around Microsoft Access files containing the contact information of executives at a number of prominent firms, on Friday.

"[We spotted an] underground market advertisement, which basically offers a Microsoft Access file of data belonging to executives within major companies [...] obtained primarily through valid business cards," wrote Webroot's Dancho Danchev.

"The inventory consists of 508 contacts of foreign companies based in Russia, and 380 contacts belonging to other companies."

The marketplace reportedly has the data from big name companies like Coca Cola, Credit Suisse, Mercedez-Benz, Bloomberg and Carlsberg for sale.

Webroot said the data could be used to create sophisticated phishing scams. Phishing messages are emails or texts that are designed to entice the user into downloading an infected attachment or clicking on a weblink that re-directs them to a malware download page.

Danchev said that with the information on offer, criminals would be able to create much more enticing messages, increasing the number of victims falling for the scam.

Phishing scams have become an increasing problem for businesses. Prior to the discovery of the new marketplace selling business cards, numerous security vendors have listed phishing as one of cyber criminals most-used attack strategies.

Most recently, FireEye listed spear phishing as the most common attack targeting industry, claiming it on average detects at least one attempt on a company's network every three minutes.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Alastair Stevenson
About

Alastair has worked as a reporter covering security and mobile issues at V3 since March 2012. Before entering the field of journalism Alastair had worked in numerous industries as both a freelance copy writer and artist.

View Alastair's Google+ profile

More on Security
What do you think?
blog comments powered by Disqus
Poll

Work location poll - office, remote or home?

Where do you spend most time working on your primary work device?
74%
7%
0%
0%
19%
0%

Popular Threads

Powered by Disqus
LG G Flex 2 hands-on review

CES 2015: LG G Flex 2 video

A closer look at LG's latest curved-screen smartphone

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
mubaloo2

Beacon technology: what are the opportunities and how does the technology work?

This paper seeks to provide education and technical insight to beacons, in addition to providing insight to Apple's iBeacon specification

ibmv3may

Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Technicial Lead

Technical Leads play a key role in managing and enabling...

Lead Developer

Lead .Net Developer (C#.NET, ASP.NET) Newcastle upon...

Project and Risk Assurance Executive

Project and Risk Assurance Executive - Holborn, Central...

ASP.Net / C# Developer

ASP.Net / C# Developer Rugby We require an ASP.Net...
To send to more than one email address, simply separate each address with a comma.