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Fraudsters Take Aim At UK Universities

Fraud

Action Fraudhas warned ofscams which register domains which look similar to UK Universities, attempting to trick supply companies out of vast sums of cash – up to 350,000, reportedly.

Andy Norton, Director of Threat Intelligence atLastline:

“This is a pretty low tech attack where the criminal sets up lookalike domains to the University, the premise is similar to a Business Email Compromise attack, except that, impersonation not compromise has taken place. The best defence for organisations Is to have robust policies and procedures that ensure a second pair of eyes validates business transactions and the shipment of goods, services or payment.”

The ISBuzz Post: This Post Fraudsters Take Aim At UK Universities appeared first on Information Security Buzz.

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