Large Enterprises Targeted in Fake Merger & Acquisition Scams

Summary

A sophisticated threat actor campaign, dubbed "Phantom Deal," is actively targeting large enterprises with highly personalized Business Email Compromise (BEC) scams. These actors conduct extensive reconnaissance to impersonate legitimate entities involved in mergers and acquisitions, aiming to trick mid-level employees into authorizing significant financial transfers. The campaign's detailed approach suggests a well-resourced and organized threat group.

Entities