“Under the Radar” Industry Group Fighting BEC Phishing Receives 2018 M3AAWG JD Falk Award
NEW YORK, Oct. 10, 2018 (GLOBE NEWSWIRE) -- A private, sequestered email group that you probably have never heard of – but that has helped prevent millions of dollars in fraud and assisted in taking down thousands of Nigerian scheme email accounts – was honored today with the 2018 JD Falk Award from the Messaging, Malware and Mobile Anti-Abuse Working Group. The BEC List founder and administrator, Ronnie Tokazowski, and the private email group of more than 530 members received the annual award, which recognizes an innovative project that protects online users, at the M3AAWG 44th General Meeting in Brooklyn.
The Business Email Compromise List deals with a broad assortment of criminal activity and deceptive emails, often described as “Nigerian” schemes, that use phishing and fake social media activities to attract victims. By sharing information and expertise, they have blocked spoofed emails and malware; tracked real estate, romance, IRS, W2 and lottery schemes; and identified the money “mules” used to transfer illicit funds. BEC fraud accounts for more than $12 billion in losses globally and threatens users in 150 countries, according to the FBI’s IC3 (Internet Crime Complaint Center).
The private list is managed by Tokazowski, senior malware analyst at Flashpoint, and includes cybersecurity professionals from Fortune 500 companies, leading threat research organizations, anti-virus firms, and internet infrastructure companies, many of them competitors. Law enforcement participants include the U.S. Federal Bureau of Investigation, the U.S. Internal Revenue Service Online Fraud Detection and Prevention group, the U.S. Secret Service, and other entities. While many members chose to remain anonymous, a partial list of participating organizations is available at www.m3aawg.org/FalkAwardOrgs2018. A video describing what the group has learned about compromised email and the list’s accomplishments is at https://youtu.be/Ues_oRsTBNc.
The award also recognizes the impact a single individual can have on fighting abuse. The private group was Tokazowski’s idea and he has served as the list administrator since its inception three years ago. Since then, dozens of organizations have cooperated on the list to protect end-users and fight fraud.
“From the start, Ronnie has diligently managed the BEC List as a trusted environment, always emphasizing the need for confidentiality and respect for members’ opinions. As a result, it has become an important anti-abuse channel where actionable information is shared throughout the day between hundreds of people. This cooperative sharing has greatly benefited end-users, even though they are not aware of its existence, as the list’s behind-the-scenes involvement has contributed to over a hundred fraud-related arrests,” said Severin Walker, M3AAWG Chairman of the Board.
In 2015, Tokazowski initially reached out to a few cybersecurity researchers and law enforcement agents to discuss the compromised emails he was seeing in his work and the list was created that December with about a hundred participants. They originally focused on conventional BEC phishing emails that impersonate a targeted CEO requesting that the company’s financial staff wire funds to a fraudulent account. But as the group studied the problem, they realized it was much more extensive and often involved malware and various online and social media ruses.
Nigerian Rappers Praise Scams
Tokazowski said, “It takes a diverse set of perspectives and expertise to address business compromise email and it’s not something researchers, law enforcement, and especially the targeted users can tackle on their own. I like to describe it as, ‘it’s not my problem, it’s not your problem, it’s a problem for everyone in the industry.’ We have to come together to fix it and understand how it works.”
This effort includes learning how the perpetuators think, according to Tokazowski. “We’re also looking to identify the criminals’ motivation and how this affects the schemes. There is a different culture in many of the countries where these crimes originate, and the deception is often justified in these regions because it’s one of the few ways to earn money. You have popular rappers in Nigeria praising the scammers efforts and their methods to ‘wire wire’ stolen money from a BEC target, but without ever acknowledging the victim’s pain,” he said.
The M3AAWG JD Falk Award is presented annually to recognize a project that helps protect the internet and embodies a spirit of volunteerism and community building. The 2018 award was presented during the M3AAWG 44th General Meeting that opened October 8 in Brooklyn, New York. Over 500 security experts, ISPs, researchers, public policy representatives and vendors are participating in the four-day meeting that features more than 50 cybersecurity and information sharing sessions. M3AAWG holds three meetings each year, including one in Europe, to develop best practices and other work that will protect online users. The next M3AAWG meeting will be February 18-21, 2019 in San Francisco.
About the Messaging, Malware and Mobile Anti-Abuse Working Group (M 3 AAWG)
The Messaging, Malware and Mobile Anti-Abuse Working Group (M3AAWG) is where the industry comes together to work against bots, malware, spam, viruses, denial-of-service attacks and other online exploitation. M3AAWG (www.m3aawg.org) members represent more than one billion mailboxes from some of the largest network operators worldwide. It leverages the depth and experience of its global membership to tackle abuse on existing networks and new emerging services through technology, collaboration and public policy. It also works to educate global policy makers on the technical and operational issues related to online abuse and messaging. Headquartered in San Francisco, Calif., M3AAWG is driven by market needs and supported by major network operators and messaging providers.
Media Contact: Linda Marcus, APR, LMarcus@astra.cc, Astra Communications, mobile: +1-949-887-8887
M3AAWG Board of Directors and Sponsors: Adobe Systems Inc.; AT&T; Comcast; Endurance International Group; Facebook; Google, Inc.; LinkedIn; Mailchimp; Marketo, Inc.; Microsoft Corp.; Oath (Yahoo/AOL); Orange; Proofpoint; Rackspace; Return Path, Inc.; SendGrid, Inc.; Vade Secure; and VeriSign, Inc.
M3AAWG Full Members: 1&1 Internet SE; Agora, Inc.; Akamai Technologies; Campaign Monitor; Cisco Systems, Inc.; CloudFlare, Inc.; Cyren; dotmailer; eDataSource Inc; ExactTarget, Inc.; IBM, iContact; Internet Initiative Japan (IIJ); Liberty Global; Listrak; Litmus; McAfee; Mimecast; Oracle Marketing Cloud; OVH; PayPal; Spamhaus; SparkPost; Splio; Symantec; USAA; and Valimail.
A complete member list is available at http://www.m3aawg.org/about/roster.
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
The Graduate Management Admission Council Selects Three New Business Schools for Membership10.12.2018 16:26 | Pressemelding
Schools Bring Expertise and Insight in Support of GMAC Mission RESTON, Va., Dec. 10, 2018 (GLOBE NEWSWIRE) -- The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, welcomes three new members. The addition of ESCP Europe, WHU – Otto Beisheim School of Management, and Xavier University Bhubaneswar brings GMAC’s total membership to 225. Select business schools are invited to apply for GMAC membership by its Board of Directors. Each school goes through a comprehensive application process that addresses the sustained commitments to supporting GMAC’s mission: providing the tools and information necessary for schools and talent to discover and evaluate each other. “GMAC continues to strengthen our membership of graduate business schools that are not only working to address the changing needs of students, but also understanding the landscape and what can be done to better prepare students for their careers,” said Sangeet Chowfla, president
Doc re. GE Files Form 8-K10.12.2018 16:08 | Pressemelding
FAIRFIELD, Conn., Dec. 10, 2018 (GLOBE NEWSWIRE) -- Company General Electric Company ISIN US3696041033 Symbol London: GEC | Paris: GNE Headline Doc re: GE files Form 8-K December 10, 2018 On December 10, 2018, General Electric Company (the "Company") filed a Form 8-K with the U.S. Securities and Exchange Commission ("SEC"), which has been submitted to RNS. It is also available on the SEC's website at http://www.sec.gov and on the Company's website at https://www.ge.com/investor-relations/events-reports. http://www.rns-pdf.londonstockexchange.com/rns/0008K_1-2018-12-10.pdf CONTACT: GE Jennifer Erickson +001 646 682 5620 firstname.lastname@example.org This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact email@example.com or visi
Robex Resources Inc.: Drilling Results Confirming and Extending Gold Mineralization at Nampala10.12.2018 15:28 | Pressemelding
QUÉBEC CITY, Dec. 10, 2018 (GLOBE NEWSWIRE) -- Robex Resources Inc. (« Robex » and/or « the Company ») (TSXV : RBX / FWB : RB4) is pleased to provide drilling results from the ongoing drill definition and exploration program at its 100% owned Nampala gold project located in the Sikasso administrative region of the Republic of Mali. The 20,000 meters drill program commenced in September 2018. The program is currently focused on infill drilling within the Nampala open pit and resource area and on exploration drilling on the adjacent Mininko exploration permit. The Company is reporting assay results from 57 drill holes (totaling 5,392 metres): 13 diamond drill holes (totaling 1,272 meters) and 44 RC holes (totaling 4,120 meters). The program is still ongoing and other results will be reported once the results are received, validated and compiled. In this release, significant assay results from 43 intercepts in 23 drill holes are reported herein are provided in Table 1 below and include th
WillScot Announces Completion of Warrant Exchange Offer10.12.2018 15:09 | Pressemelding
BALTIMORE, Dec. 10, 2018 (GLOBE NEWSWIRE) -- WillScot Corporation (“WillScot”) (NASDAQ: WSC), the specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced the completion of its previously announced exchange offer (the “Exchange Offer”) relating to certain outstanding warrants (the “Warrants”). The Exchange Offer expired at 11:59 p.m., Eastern Time, on December 7, 2018. Under the terms of the Exchange Offer, each Warrant holder had the opportunity to receive 0.18182 shares of WillScot Class A Common Stock, par value $0.0001 per share (“Common Stock”), for each Warrant tendered by the holder and exchanged pursuant to the Exchange Offer. As of the expiration of the Exchange Offer on December 7, 2018 at 11:59 p.m. Eastern Time, 45,131,827 outstanding Warrants were properly tendered and not withdrawn in the Exchange Offer. 45,031,827 of the Warrants tendered were public warrants, representing approximatel
CERESPIR INCORPORATED and the NATIONAL NEUROSCIENCE INSTITUTE SINGAPORE Announce Positive Data Showing Beneficial Effects of CERESPIR’s Clinical Stage Compound Itanapraced in a LRRK2 Model of Parkinson’s Disease 10.12.2018 15:00 | Pressemelding
Itanapraced blocks LRRK2 expression and LRRK2-mediated neurotoxicity Itanapraced ready to advance to Phase 2 in Parkinson’s disease patients with and without genetic mutation NEW YORK and SINGAPORE, Dec. 10, 2018 (GLOBE NEWSWIRE) -- CERESPIR INCORPORATED a pharmaceutical company engaged in the discovery and development of disease-modifying therapeutics for the treatment of neurodegenerative diseases, and THE NATIONAL NEUROSCIENCE INSTITUTE SINGAPORE, a national and international center of excellence in neuroscience with its mission to improve lives through integrated clinical service, research and education, announced today that they have obtained animal proof of concept for CERESPIR’s clinical stage compound itanapraced in Parkinson’s disease models. Specifically, itanapraced, which was previously tested with positive results in patients with mild cognitive impairment (MCI), was shown to block the expression of LRRK2 and, additionally, prevent neurotoxicity resulting in the preservati
DSM Sinochem Pharmaceuticals announces its new name - Centrient Pharmaceuticals10.12.2018 13:29 | Pressemelding
The name, resulting from a change in ownership, reflects its role at the centre of modern healthcare ROTTERDAM, Netherlands, Dec. 10, 2018 (GLOBE NEWSWIRE) -- Effective December 10, 2018 Centrient Pharmaceuticals is the new name for DSM Sinochem Pharmaceuticals, the leading manufacturer of beta-lactam antibiotics and a provider of next-generation statins and anti-fungals . The new name has been chosen to reflect the company’s key contribution to modern healthcare, and marks the next phase in its strategic evolution following a change of ownership to Bain Capital Private Equity. CEO Karl Rotthier states: “Our bold and creative new name and logo showcase our company as one which prides itself on being at the centre of modern healthcare, through our life-saving active pharmaceutical ingredients and finished dosage forms. We’re building on a rich history that began 150 years ago as the ‘Nederlandsche Gist- en Spiritusfabriek’, then Gist Brocades and more recently DSM Sinochem Pharmaceutica
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom