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The EdgeWave EPIC Cyber Operations Group has detected several email scam campaigns of note in October 2014.

Registering over 8 million catches, EdgeWave found penny stock advertisements at the top of the list for subject matter. These emails can contain malicious links as well as an opportunity for pump-and-dump stock scams.  Pump-and-dump schemes are fraudulent stock deals where small cap stocks are manipulated and investors are urged to make a purchase before the price goes up. This is another variation on the get-rich-quick scheme: think Wolf of Wall Street. The lesson, as always, is to never trust stock advice from an unsolicited message, especially when it is giving you a specific stock as a “strong buy”.

Closely behind, over 7.5 million official looking emails try to lure recipients into clicking on bad links with notices from “courts”.

EdgeWave also continues to note large campaigns for dating sites coming from Russian domains.  “These sites have historically been linked to cyber-criminal activity and malware,” said Tom Chapman, Cyber Operation Group Director.

EdgeWave prevented 1.7 million hits for knock-off Coach Bags. Offers for luxury items such as handbags and watches are common types of spam. “We’ve been seeing a lot of this — in multiple languages — in the past month or two, and it’s not slowing down,” Chapman said.

Threat awareness in all companies and organizations is critical to maintaining a secure network; but humans make mistakes. The bad guys depend on that. EdgeWave EPIC advanced threat defense is a unique combination of human and automated review, providing the most accurate threat detection to prevent inappropriate email from landing in employee mailboxes in the first place. Learn how to put EdgeWave EPIC to work securing your email with EdgeWave ePrism Email Security. 

Tom Chapman is a retired Naval Intelligence Officer specializing in cyber warfare.  Before coming to EdgeWave, he established and directed the Cyber Analysis Cell supporting the U.S. Navy Fleet Commands responsible for protecting 400,000 personnel, 300 ships and 4,000 aircraft from cyber-attacks.