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Exploring the Rise of Israel-Based BEC Attacks

Discover more about an emerging Israel-based threat group that launches sophisticated, multistage BEC attacks targeting global enterprises.

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Points clés

An Israel-based BEC threat group impersonates executives and attorneys to fraudulently request large sums under the guise of acquisitions.

This group escalates attacks beyond email by using WhatsApp calls to communicate directly with victims.

West Africa has historically been the dominant source of BEC attacks, but sophisticated groups now operate from other regions including Israel.

The group executes multi-stage attacks, combining executive and attorney impersonation to add layers of legitimacy to fraudulent requests.

While historically the origin of most business email compromise (BEC) attacks has been West Africa, residing in Nigeria certainly isn’t a requirement for BEC attackers. Indeed, the subject of this report is a sophisticated threat group based in Israel.

The group is unique in that they impersonate executives and attorneys to request huge sums of money, under the guise of an acquisition. And in some instances, they turn from email to phone calls—using WhatsApp to communicate with their victim.

Israelreport

Download Exploring the Rise of Israel-Based BEC Attacks to learn:

  • Where BEC attackers and their targets are most often located

  • Which tactics the threat group uses to execute sophisticated, multi-stage attacks

  • How email attacks can quickly turn to other forms of communication

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