Protecting organizations from AI-assisted executive impersonation and invoice fraud
Microsoft tracked a campaign of over one million AI-crafted CEO-impersonation emails seeking ~$50,000 ACH payments with fabricated ServiceNow invoices.
Between August 3 and 5, Microsoft detected a campaign of more than one million fraud emails, 87.7% of them targeting US enterprise users, sent through multiple third-party email delivery service accounts. The actor impersonated CEOs, CFOs, and presidents of targeted companies, urging accounts payable staff to process an ACH payment of nearly $50,000. Lures layered executive impersonation, lookalike domains, a fabricated ServiceNow 'Annual Subscription' invoice personalized to the recipient, and forged forwarded email threads; Microsoft found no evidence ServiceNow or the referenced executives were compromised. Microsoft observed indicators consistent with generative AI-assisted template creation, while leftover inconsistencies such as missing forwarding headers and mismatched display names gave defenders detection cues.
Revolut Data Breach Via Fake Government Requests – What We Know So Far
Revolut confirmed attackers extracted customer KYC records by sending fraudulent data requests from a spoofed or compromised government agency email domain.
Revolut confirmed a data breach in which an unauthorized party obtained sensitive customer records by submitting fraudulent information requests from an email account on a legitimate government agency domain with valid SPF/DKIM/DMARC authentication. Disclosed data could include full names, dates of birth, passport or driving-license copies, onboarding facial images, IBANs, account statements, withdrawal records, and complete transaction histories including Bitcoin activity. Crypto investigator ZachXBT assessed the operation targeted high-net-worth users, while a threat actor using the name 'IAmNotAVillain' claimed Italian law-enforcement departments were compromised over six months with 147 GB of material, claims that remain unverified. Revolut says only a limited number of customers were affected, blocked the email address, and notified regulators and affected customers, stating its systems and funds were not compromised.