What happens once scammers receive funds from their victims

In this Help Net Security video, Ronnie Tokazowski, Principal Threat Advisor at Cofense, offers insight into the world’s most lucrative cybercrime – business email compromise (BEC). The Cofense team recently purchased $500 worth of trackable gift cards to intentionally give to scammers in the hopes of discovering what happens once scammers receive these funds, engaging with 54 live BEC attacks over 5 weeks. With gift cards continuing to be one of the more difficult cash-out … More

The post What happens once scammers receive funds from their victims appeared first on Help Net Security.

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