Lawyers Weekly reports
At least five global law firms with an active presence in the Australian market have been targeted in the latest business email compromise scam.
Lawyers Weekly understands Allen & Overy, Clifford Chance, Dentons, Herbert Smith Freehills and Hogan Lovells are among the vast number of law firms that were targeted by the business email compromise (BEC) group, Crimson Kingsnake, recently. Dentons declined to comment after a request made by Lawyers Weekly, and the others did not respond prior to deadline.
New Crimson Kingsnake gang impersonates law firms in BEC attacks
November 3, 2022
A business email compromise (BEC) group named ‘Crimson Kingsnake’ has emerged, impersonating well-known international law firms to trick recipients into approving overdue invoice payments.
The threat actors impersonate lawyers who are sending invoices for overdue payment of services supposedly provided to the recipient firm a year ago.
This approach creates a solid basis for the BEC attack, as recipients may be intimidated when receiving emails from large law firms like the ones impersonated in the scams.