Unit 42 Sees Surge in Attacks by Nigerian Cybercriminals

Attacks by the Nigeria-based SilverTerrier cybercrime gang surged in 2018 as the group increasingly focused on high-tech firms and wholesalers, according to a new analysis from the Palo Alto Networks Unit 42 threat research group.

The report, “SilverTerrier – 2018 Nigerian Business Email Compromise,” shows how these cyber fraud schemes helped contribute to $1.29 billion that the...