Cyberthint Threat Hunters have analyzed a large-scale smishing attack targeting Turkish citizens residing in Istanbul, Turkey for our dear readers/followers.
A proxy phishing is a method of attack that aims to make you visit a malicious link through trusted/reputable websites.
For phishing attacks based on this proxy method, it is most commonly done by abusing the open redirect feature of services such as Google Translate and Bing.
A BEC (Business Email Compromise) attack is a cash-oriented type of cyber fraud that targets companies that work with foreign suppliers and make bank transfers. The attacker somehow obtains the email address of a company executive or an employee responsible for financial transactions, whether corporate or public. They then hunt for words such as request, payment, transfer and urgent in email messages. In the final phase, they try to deceive individuals by impersonating them and inserting themselves into conversations in order to transfer the money to their own account.