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Sunday, July 12, 2020

COVID-19- Microsoft Fights Cyber Criminal Phishing Email Attacks


Different parts of the federal government try to fight cyber criminals who are stealing money and information from U.S. businesses and citizens. Major corporations are also fighting cyber criminals to protect themselves and their clients. Microsoft’s Digital Crimes Unit (DCU) is a team of attorneys, investigators, data scientists, engineers, analysts, and business professionals who protect Microsoft’s customers by fighting cybercrime globally. The unit uses technology, forensics, civil actions, criminal referrals, and public/private partnerships to protect the security and privacy of its customers.

In an operation that recently came to light in the technology press, the unit used innovative techniques to take over web domains that were being used by cybercriminals in email phishing attacks on Microsoft customers in 62 countries.

DCU analysis detected a series of phishing Business Email Compromise (BEC) attacks on its customers. As a result of its investigation, DCU went to the U.S. District Court for the Eastern District of Virginia seeking permission to seize control of domains that cybercriminals used to launch their phishing attacks. With the court’s permission, the DCU seized those domains shutting down the phishing operation.

The cybercriminals sent phishing emails to Microsoft clients that were designed to look like they were from a trusted source in attempts to compromise accounts, steal information, and redirect wire transfers. Some of the more recent efforts contained messaging regarding COVID-19 to get the recipient to click on a link. Once clicking on the link, the recipient would be prompted to grant access permission to a malicious web application. The web app was also designed to look like it belonged to a trusted source, however, it was controlled by the cybercriminals who now had permission to access the victim’s Microsoft Office 365 account.

Business Email Compromise is a major problem for businesses around the world. The FBI’s 2019 Internet Crime Report shows that BEC crimes represent almost half of all cybercrime financial losses for over $1.7 billion in losses. To defeat worldwide cybercriminals, the DCU develops strong partnerships with local and global law enforcement, security firms, researchers, NGO’s, and customers to overcome the constraints of jurisdictions and legal limitations.    

To learn more about this operation and the Digital Crimes Unit check out the following links,


Microsoft:



Infosecurity:

Windows Central:

FBI:





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