Hackers Impersonate CEOs in 1 Million Emails to Trick Employees Into $50,000 Payments
A BEC campaign sent over one million fake CEO invoice emails, mostly to US firms, urging ~$50,000 ACH transfers to attacker accounts.
Microsoft analysts tracked a business email compromise campaign that sent more than one million messages between August 3 and 5, with 87.7% targeting US recipients. Emails impersonated CEOs, CFOs, and presidents and carried fake ServiceNow-branded subscription invoices directing accounts-payable staff to make ACH transfers of nearly $50,000 to attacker-controlled accounts. No malicious attachments or malware were used, and researchers observed signs consistent with AI-assisted template development. Lookalike domains such as service-nowinc[.]com and third-party delivery accounts were used, while named firms like ServiceNow showed no evidence of compromise.